20-17_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
Exercise 20-17 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. ALADDIN CARPET COMPANY Cost of Production Report - Cutting Department For the Month Ended May 31, 2006 Equivalen Direct Materials Units Whole Units (a) Units charged to production: Inventory in process, May 1 Received from Weaving Department Total units accounts for by the Cutting Department Units to be assigned cost: Inventory in process, May 1 (75% completed) Started and completed in May Transferred to finished goods in May Inventory in process, May 31 (30% 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 May in Cutting Department Divide by total equivalent units Cost per equivalent unit (b) Costs charged to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Cutting Department Costs allocated to complete and partially completed units: Inventory in process, May 1 balance To complete inventory in process, May 1 Started and completed in May Transferred to finished goods in May Inventory in process, May 31 Total costs assigned by the Cutting Department nt Units Conversion (b) Total Costs...
View Full Document

Page1 / 2

20-17_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