Acc349 Managerial Accounting: E3-5 The Sanding Department of Han Furniture Company has the following
Acc349 Managerial Accounting
E3-5 The Sanding Department of Han Furniture Company has the following production and manufacturing cost data for April 2005. Production: 12,000 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 40% complete as to conversion costs. Manufacturing costs: Materials $36,000; labor $30,000; overhead $37,320.
Instructions Prepare a production cost report. There is no beginning work in process. (Conversion costs refers to the sum of labor costs and overhead costs)