20-3A_22e - Costs Direct Materials Conversion Units costs:...

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Problem 20-3A Name: Section: Enter the appropriate amount in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. 1. MOUNTAIN AIR COFFEE COMPANY Cost of Production Report - Roasting Department For the Month Ended October 31, 2008 Equivalen Direct Materials Units Whole Units (a) Units charged to production: Inventory in process, October 1 Received from materials storeroom Total units accounts for by the Roasting Department Units to be assigned cost: Inventory in process, October 1 (40% completed) Started and completed in October Transferred to finished goods in October Inventory in process, October 31 (25% completed) Total units to be assigned cost Costs
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Unformatted text preview: Costs Direct Materials Conversion Units costs: Total costs for October in Roasting Department Divide by total equivalent units Cost per equivalent unit Costs charged to production: Inventory in process, October 1 Costs incurred in October Total costs accounted for by the Roasting Department Costs allocated to completed and partially completed units: Inventory in process, October 1 balance To complete inventory in process, October 1 Started and completed in October Transferred to Packing Department in October Inventory in process, October 31 Total costs assigned by the Roasting Department 2. Amount Direct materials: Conversion: nt Units Conversion (b) Total Costs...
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This note was uploaded on 03/12/2011 for the course ACCT 2011 taught by Professor Field during the Fall '09 term at University of Minnesota Morris.

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20-3A_22e - Costs Direct Materials Conversion Units costs:...

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