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Author Question: Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows: Beginning ... (Read 50 times)

nmorano1

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on: Mar 6, 2021
Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:

Beginning work in process10,000 units
Units started 20,000 units
Units completed25,000 units
​​
Beginning work-in-process direct materials$ 6,000
Beginning work-in-process conversion$ 2,600
Direct materials added during month$30,000
Direct manufacturing labor during month$12,000
Factory overhead$ 5,000
 
Beginning work in process was half converted as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete. 

Required: 
Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by nmorano1 on Mar 6, 2021

ecox1012

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Reply #1 on: Mar 6, 2021
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nmorano1

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Reply 2 on: Mar 6, 2021
:D TYSM

adf223

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Reply 3 on: Yesterday
Wow, this really help

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