20-3B_22e - Costs Costs Direct Materials Conversion Units...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 20-3B 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. BELGIAN DELIGHT CHOCOLATE COMPANY Cost of Production Report - Blending Department For the Month Ended March 31, 2008 Equivalen Direct Materials Units Whole Units (a) Units charged to production: Inventory in process, March 1 Received from materials storeroom Total units accounts for by the Blending Department Units to be assigned cost: Inventory in process, March 1 (20% completed) Started and completed in March Transferred to finished goods in March Inventory in process, March 31 (45% completed) Total units to be assigned cost
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Costs Costs Direct Materials Conversion Units costs: Total costs for March in Blending Department Divide by total equivalent units Cost per equivalent unit Costs charged to production: Inventory in process, March 1 Costs incurred in March Total costs accounted for by the Blending Department Costs allocated to completed and partially completed units: Inventory in process, March 1 balance To complete inventory in process, March 1 Started and completed in March Transferred to Molding in March Inventory in process, March 31 Total costs assigned by the Blending Department 2. Amount Direct materials: Conversion: nt Units Conversion (b) Total Costs...
View Full Document

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.

Page1 / 2

20-3B_22e - Costs Costs Direct Materials Conversion Units...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online