An asterisk (*) will appear to the right of an incorrect entry.
UNITS
Equivalent Units
Whole Units of Production
Units charged to production:
Inventory in process, January 1
Received from Weaving Department
Total units account for by the Cutting Department
Units to be assigned cost:
Transferred to finished goods in January
Inventory in process, January 31 ( complete)
Total units to be assigned cost
COSTS
Costs
Unit costs:
Total costs for January in Cutting Department
Total equivalent units
Cost per equivalent unit
Costs charged to production:
Inventory in process, January 1
Costs incurred in January
Total costs accounted for by the Cutting Department
Costs allocated to completed and partially completed units:
Transferred to finished goods in January
Inventory in process, January 31
Total costs assigned by the Cutting Department
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DALTON CARPET COMPANY
For the Month Ended January 31, 2014
Cost of Production Report – Cutting Department
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Score:
Key Code:
Instructions
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[Key code here]
Exercise 20-29
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
UNITS
Equivalent Units
Whole Units of Production
Units charged to production:
Inventory in process, January 1 3,400
Received from Weaving Department 64,000
Answers are entered in the cells with gray backgrounds.
ON
Cost of Production Report – Cutting Department
For the Month Ended January 31, 2014
DALTON CARPET COMPANY
Exercise 20-29
Name:
Solution
Section:
Score:
Instructions
Cells with non-gray backgrounds are protected and cannot be edited.
COSTS