The following cost and service activity data for the Sh
The following cost and service activity data for the Shoe making Department are provided for the month of June:
Transferred-in applications 11200
Applications in process June 1 40% complete* 2000
Applications in process June 31 25% complete* 3200
*All materials and supplies are used at the end of the process
Transferred in Direct Materials Conversion costs
Costs:
Beginning work in process $18000 _____ $11200
Costs added 112000 $5000 150000
Required:
Using the FIFO method prepare te following for the Shoe making department:
A physical flow schedule
An equivalent units schedule
Calculation of unit costs
Cost of ending work in process and cost of units transferred out
A cost reconciliation
Attachments:
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