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 process | 22,000 units |
| Units started | 44,000 units |
| Units completed | 55,000 units |
| Ending work in process | 10,000 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.
Fitness Evaluation of Various Activities and Sports
Selected Natural Products
Natural Products Used as Antineoplastic Therapy
Common Fluoride Products
Sports, fitness, and recreation setting.
Speciation produces new types of organisms