20-7B_22e - Total units to be assigned cost Costs Costs...

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Problem 20-7B 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. BLUE RIBBON FLOUR COMPANY Cost of Production Report - Sifting Department For the Month Ended October 31, 2008 Equivalent Units Units Whole Units of Production Units charged to production: Inventory in process, October 1 Received from Milling Department Total units accounted for by the Sifting Department Units to be assigned cost: Transferred to Packaging Department in October Inventory in process, October 31 (75% completed)
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Unformatted text preview: Total units to be assigned cost Costs Costs Units costs: Total costs for October in Sifting Department Divide by total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, October 1 Costs incurred in October Total costs accounted for by the Sifting Department Costs allocated to completed and patially completed units: Transferred to Packaging Department in October Inventory in process, October 31 Total costs assigned by the Sifting Department...
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