Homework Help is Here – Start Your Trial Now!
Business
Accounting
Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started 450,000 Gallons transferred out 378,000 $900,000 $2,125,440 $3,188,160 Direct materials cost Direct labor cost Overhead applied Direct materials are added at the beginning of the process. Ending inventory is 90 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". So Ch. 6 Homework Assignment assignment take frame Mixing Department Production Report for Current Year Unit Information Units to account for: Units in beginning WIP 0 ✓ Units started 450,000 Total units to account for 450,000 ✔ Units accounted for: Equivalent Units Physical Flow Units completed 378,000✓ Direct Materials 378,000 ✔ Conversion Costs 378,000 Units in ending WIP 72,000 72,000 64,800 Total units accounted for 450,000 Work completed Costs to account for: Costs in beginning WIP Costs to account for Total costs to account for Cost per equivalent unit Costs accounted for: Costs added by department Ending work in process Total costs accounted for 450,000 442,800 Cost Information Direct Materials Conversion Costs Total 900,000 ✔ 0✓ 442,800 x 1,342,800 x 900,000 442,800 x 1,342,800 x 453,600 x 828,000 x

Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started 450,000 Gallons transferred out 378,000 $900,000 $2,125,440 $3,188,160 Direct materials cost Direct labor cost Overhead applied Direct materials are added at the beginning of the process. Ending inventory is 90 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". So Ch. 6 Homework Assignment assignment take frame Mixing Department Production Report for Current Year Unit Information Units to account for: Units in beginning WIP 0 ✓ Units started 450,000 Total units to account for 450,000 ✔ Units accounted for: Equivalent Units Physical Flow Units completed 378,000✓ Direct Materials 378,000 ✔ Conversion Costs 378,000 Units in ending WIP 72,000 72,000 64,800 Total units accounted for 450,000 Work completed Costs to account for: Costs in beginning WIP Costs to account for Total costs to account for Cost per equivalent unit Costs accounted for: Costs added by department Ending work in process Total costs accounted for 450,000 442,800 Cost Information Direct Materials Conversion Costs Total 900,000 ✔ 0✓ 442,800 x 1,342,800 x 900,000 442,800 x 1,342,800 x 453,600 x 828,000 x

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 15E: Softkin Company manufactures sun protection lotion. The Mixing Department, the first process...
See similar textbooks
icon
Related questions
Question
None
Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started 450,000 Gallons transferred out 378,000 $900,000 $2,125,440 $3,188,160 Direct materials cost Direct labor cost Overhead applied Direct materials are added at the beginning of the process. Ending inventory is 90 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". So Ch. 6 Homework Assignment assignment take frame Mixing Department Production Report for Current Year Unit Information Units to account for: Units in beginning WIP 0 ✓ Units started 450,000 Total units to account for 450,000 ✔ Units accounted for: Equivalent Units Physical Flow Units completed 378,000✓ Direct Materials 378,000 ✔ Conversion Costs 378,000 Units in ending WIP 72,000 72,000 64,800 Total units accounted for 450,000 Work completed Costs to account for: Costs in beginning WIP Costs to account for Total costs to account for Cost per equivalent unit Costs accounted for: Costs added by department Ending work in process Total costs accounted for 450,000 442,800 Cost Information Direct Materials Conversion Costs Total 900,000 ✔ 0✓ 442,800 x 1,342,800 x 900,000 442,800 x 1,342,800 x 453,600 x 828,000 x
Transcribed Image Text:Production Report, No Beginning Inventory Softkin Company manufactures sun protection lotion. The Mixing Department, the first process department, mixes the chemicals required for the repellant. The following data are for the current year: Work in process, January 1 Gallons started 450,000 Gallons transferred out 378,000 $900,000 $2,125,440 $3,188,160 Direct materials cost Direct labor cost Overhead applied Direct materials are added at the beginning of the process. Ending inventory is 90 percent complete with respect to direct labor and overhead. Required: Prepare a production report for the Mixing Department for the current year. If an amount is zero, enter "0". So Ch. 6 Homework Assignment assignment take frame Mixing Department Production Report for Current Year Unit Information Units to account for: Units in beginning WIP 0 ✓ Units started 450,000 Total units to account for 450,000 ✔ Units accounted for: Equivalent Units Physical Flow Units completed 378,000✓ Direct Materials 378,000 ✔ Conversion Costs 378,000 Units in ending WIP 72,000 72,000 64,800 Total units accounted for 450,000 Work completed Costs to account for: Costs in beginning WIP Costs to account for Total costs to account for Cost per equivalent unit Costs accounted for: Costs added by department Ending work in process Total costs accounted for 450,000 442,800 Cost Information Direct Materials Conversion Costs Total 900,000 ✔ 0✓ 442,800 x 1,342,800 x 900,000 442,800 x 1,342,800 x 453,600 x 828,000 x
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
SEE MORE TEXTBOOKS