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Author Question: Venosis Sports is a manufacturer of sportswear. It produces all of its products in one department. ... (Read 109 times)

Mimi

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on: Mar 6, 2021
Venosis Sports is a manufacturer of sportswear. It produces all of its products in one department. The information for the current month is as follows: 

Beginning work in process22,000 units
Units started44,000 units
Units completed55,000 units
Ending work in process10,000 units
Spoilage1,000 units
Beginning work-in-process direct materials$15,000
Beginning work-in-process conversion$ 6,000
Direct materials added during month$70,800
Direct manufacturing labor during month$37,400

Beginning work in process was half complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 50% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at end of the process. 

Required: 
Prepare a production cost worksheet if spoilage is recognized and the weighted-average method is used.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Mimi on Mar 6, 2021

mcabuhat

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mimi

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

Chelseyj.hasty

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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