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Author Question: Silver Spoon Incorporated is a manufacturer of kitchen utensils. It produces all of its products in ... (Read 110 times)

B

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on: Mar 6, 2021
Silver Spoon Incorporated is a manufacturer of kitchen utensils. It produces all of its products in one department. The information for the current month is as follows: 

Beginning work in process40,000 units
Units started52,000 units
Units completed73,000 units
Ending work in process16,000 units
Spoilage3,000 units
Beginning work-in-process direct materials$30,000
Beginning work-in-process conversion$ 8,000
Direct materials added during month$126,400
Direct manufacturing labor during month$60,480

Beginning work in process was 25% complete as to conversion. Direct materials are added at the beginning of the process. Factory overhead is applied at a rate equal to 40% of direct manufacturing labor. Ending work in process was 60% complete. All spoilage is normal and is detected at the 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 B on Mar 6, 2021

jlaineee

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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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B

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Reply 2 on: Mar 6, 2021
:D TYSM

LVPMS

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Reply 3 on: Yesterday
Excellent

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