Question

Data Table Requirements UNITS 1. Prepare the July production cost report for Casey's Dyeing Department. The company uses the weighted average method. 2. Journalize all transactions affecting Casey's Dyeing Department during July, including the entries that have already been posted. Assume labor costs are accrued and not yet paid. 75 rolls 590 rolls 550 rolls 115 rolls Print Print Done Done Beginning Work-in-Process Inventory Transferred in from Spinning Department during July Completed during July Ending Work-in-Process (80% complete for conversion work) COSTS Beginning Work-in-Process Inventory (transferred in costs, $3,700; materials cost, $1,450; conversion costs, $4,950) Transferred in from Spinning Department Materials cost added during July Conversion costs added during July (manufacturing wages, $8,050; manufacturing overhead allocated, $45,422) $ 10,100 21,570 11,185 53,472

Answer 1

Casey Carpet
Production Cost Report - Dyeing Department
Month Ended July 31
			Equivalent Units
UNITS	Physical Units	Transferred In	Direct Materials	Conversion Costs
Units to account for:
Beginning work in process	75
Started in Production	590
Total units to account for	665
Units account for:
Completed and transferred out	550	550	550	550
Ending work in process	115	115	115	92
Total units accounted for	665	665	665	642