Gordon Products manufactures one product in two departments on a continuous basis and uses the average cost method of process cost accounting. The following information was reported for the month of May, 20--: a)
Prepare a cost of production summary for Department A for the month.
b)
Prepare a cost of production summary for Department B for the month.
c)
Prepare the journal entries to record production.

Question

Gordon Products manufactures one product in two departments on a continuous basis and uses the average cost method of process cost accounting. The following information was reported for the month of May, 20--:  a)
Prepare a cost of production summary for Department A for the month.
b)
Prepare a cost of production summary for Department B for the month.
c)
Prepare the journal entries to record production.

Quizplus · Accepted Answer

The Answer of Gordon Products manufactures one product in two departments on a continuous basis and uses the average cost method of process cost accounting. The following information was reported for the month of May, 20--:  a)
Prepare a cost of production summary for Department A for the month.
b)
Prepare a cost of production summary for Department B for the month.
c)
Prepare the journal entries to record production.

Gordon Products Manufactures One Product in Two Departments on a Continuous