Professional Documents
Culture Documents
Compute for the equivalent production for materials and conversion cost.
At the end of January, there were 100 units in process which were 60% complete. During the current month, 850 units
were transferred to the next department. At the end of the month, there were 150 units still in process with 50%
completion. Using average costing prepare a cost of production report for month.
During the period, 9,200 units were transferred from the Molding dep’t to the Finishing dep’t. The Molding dep’t had
1,000 units still in process at the end of February; they were 100% complete as to materials and 40% complete as to
conversion cost. At the end of March, there were 800 units still in process which were 75% complete as to materials
and 25% complete as to conversion cost. Using average costing prepare a cost of production report for month.