Prepare a cost of production report

timer Asked: Nov 14th, 2014

Question description

The inventory at April 1, 2012, and the costs charged to Work in Process--Department B during April for Hawk Company are as follows:

500 units, 60% completed

$ 3,460

From Department A, 10,000 units


Direct labor


Factory overhead


During April, all direct materials are transferred from Department A, the units in process at April 1 were completed, and of the 10,000 units entering the department, all were completed except 1,200 units which were 25% completed as to conversion costs. Inventories are costed by the first-in, first-out method.

Prepare a cost of production report for April.

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