Consider the following data for a cooking department for the month of February:
*Direct material, 100% complete; conversion costs, 25% complete
~Direct material, 100% complete; conversion costs, 75% complete
Inspection occurs when production is 100 percent completed. Normal spoilage is 11 percent of good units completed and transferred out during the current period.
The following cost data are available:
Required: Prepare a detailed cost of production report. Use the FIFO method. Distinguish between normal and abnormal spoilage.

Question

Consider the following data for a cooking department for the month of February:
  *Direct material, 100% complete; conversion costs, 25% complete
~Direct material, 100% complete; conversion costs, 75% complete
Inspection occurs when production is 100 percent completed. Normal spoilage is 11 percent of good units completed and transferred out during the current period.
The following cost data are available:
  Required: Prepare a detailed cost of production report. Use the FIFO method. Distinguish between normal and abnormal spoilage.

Quizplus · Accepted Answer

The Answer of Consider the following data for a cooking department for the month of February:
  *Direct material, 100% complete; conversion costs, 25% complete
~Direct material, 100% complete; conversion costs, 75% complete
Inspection occurs when production is 100 percent completed. Normal spoilage is 11 percent of good units completed and transferred out during the current period.
The following cost data are available:
  Required: Prepare a detailed cost of production report. Use the FIFO method. Distinguish between normal and abnormal spoilage.

Consider the Following Data for a Cooking Department for the Month