Howard Corporation has two production departments.Curing has 12,000 units in process at the beginning of the period,3 / 4 complete.During the period,45,000 units were received from Crushing,48,000 units were transferred to Finished Goods,and 9,000 units were in process at the end of the period,2/ 3 complete.Cost information was as follows:
a.Determine the unit cost for the month in Curing.
b.Determine the total cost of the products transferred to Finished Goods.
c.Determine the total cost of the ending Work in Process inventory.

Question

Howard Corporation has two production departments.Curing has 12,000 units in process at the beginning of the period,3 / 4 complete.During the period,45,000 units were received from Crushing,48,000 units were transferred to Finished Goods,and 9,000 units were in process at the end of the period,2/ 3 complete.Cost information was as follows:  
a.Determine the unit cost for the month in Curing.
b.Determine the total cost of the products transferred to Finished Goods.
c.Determine the total cost of the ending Work in Process inventory.

Quizplus · Accepted Answer

The Answer of Howard Corporation has two production departments.Curing has 12,000 units in process at the beginning of the period,3 / 4 complete.During the period,45,000 units were received from Crushing,48,000 units were transferred to Finished Goods,and 9,000 units were in process at the end of the period,2/ 3 complete.Cost information was as follows:  
a.Determine the unit cost for the month in Curing.
b.Determine the total cost of the products transferred to Finished Goods.
c.Determine the total cost of the ending Work in Process inventory.

Howard Corporation Has Two Production Departments