20-28_22e - Total units to be assigned cost Costs Costs...

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Exercise 20-28 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. BOSTON BEANS COMPANY Cost of Production Report - Cooking Department For the Month Ended January 31, 2008 Equivalent Units Units Whole Units of Production Units to be accounted for: Inventory in process, January 1 Received from materials storeroom Total units accounted for by the Cooking Dept. Units to be assigned cost: Transferred to finished goods in January Inventory in process, January 31 (70% complete)
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Unformatted text preview: Total units to be assigned cost Costs Costs Units costs: Total costs for January in Cooking Department Divide by total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Cooking Department Costs allocated to completed and patially completed units: Transferred to finished goods in January Inventory in process, January 31 Total costs assigned by the Cooking Department...
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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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