CH03 – A Production Department
Managerial Accounting
Wild and Shaw
07th Edition
Prepare the production department’s equivalent units of production.
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Prepare the production department’s equivalent units of production.
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Prepare a process cost summary report using the weighted-average method.
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Prepare a process cost summary report using the weighted-average method.
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Calculate equivalent units of production and costs per equivalent unit of production.
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Compute direct materials and conversion cost per equivalent unit for April.
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Prepare a process cost summary report using the weighted-average method.
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Prepare journal entries dated June 30.
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Prepare a schedule for cost of goods sold and manufactured for the month.
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Prepare a schedule of cost of goods manufactured, cost of goods sold, and an income statement.
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Compute the yearly amount of underapplied or overapplied overhead cost, and prepare a schedule of cost of goods manufactured for the year.
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