question archive Classic 50s flooring produces linoleum flooring
Classic 50s flooring produces linoleum flooring
Subject:AccountingPrice: Bought3
Classic 50s flooring produces linoleum flooring. Below is a partial production cost report for the Mixing Department. In the report, a unit is a gallon of linoleum cement (a mixture of linseed oil, pine resin, and wood flour). Production Cost Report Mixing Department June Quantity Reconciliation Units in beginning WIP.............. 400 Units started................... 2,100 Units to account for................ 2,500 Units completed.................. 2,300 Units in ending WIP (100% material, 70% conversion costs).. ............ (a) Units accounted for....... ....... (b) Cost per Equivalent Unit Calculation Required Fill in the missing data (items a throughl).
