Question

Cost of Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direc
Transferred to Molding Department in October Inventory in process, October 31 Total units to be assigned costs Cost Informati
2. Assuming that the October 1 work in process inventory includes direct materials of $38,295, determine the increase or decr
0 0
Add a comment Improve this question Transcribed image text
Answer #1

% completion no. units 2300 26000 % completion 0.6 goods transferred closing balance no. units 25700 =F8-F4 =H8-H5 =B17 0.2 o

no. units % comples no. units % comple $ opening balance 2,300 60% 46,368 goods trar 25,700 100% 5,78,76 materials 26,000 4,2

Add a comment
Know the answer?
Add Answer to:
Cost of Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Cast Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing...

    Cast Production Report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials ( chocolate, milk and sugar) into the Blending Department materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is the transferred to the Molding Department, where the milk chocolate formed into candy bars. The following is a partial work in process account of the Blending Department at October 311 ACCOUNT Work in Procee ding...

  • Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw...

    Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Department. All materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the Blending Department at October 31, 2014: Required: Hide 1. Prepare a...

  • PR 20-2B Cost of production report Bavarian Chocolate Company processes chocolate into candy bars. The process...

    PR 20-2B Cost of production report Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Depart- ment. All materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the Blending Department at October...

  • 1. Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials...

    1. Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Department. All materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the Blending Department at October 31: ACCOUNT Work in Process-Blending Department...

  • please answer 1 and 2 PR 18-2A Cost of production report Venus Chocolate Company processes chocolate into candy bars. Th...

    please answer 1 and 2 PR 18-2A Cost of production report Venus Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, milk, and sugar) into the Blending Department. All materials are placed into production at the beginning of the blending process. After blending, the milk chocolate is then transferred to the Molding Department, where the milk chocolate is formed into candy bars. The following is a partial work in process account of the...

  • Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by...

    Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31: ACCOUNT Work in Process—Roasting Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit July 1 Bal., 7,700 units, 3/5 completed 16,632 31 Direct materials, 346,500 units 658,350...

  • Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by...

    Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31: ACCOUNT Work in Process—Roasting Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit July 1 Bal., 5,100 units, 2/5 completed 17,646 31 Direct materials, 229,500 units 734,400...

  • Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by...

    Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Balance Debit Credit Date Item Debit Credit 6,300 270,000 276,300 330,500 July 1 Bal., 5,000 units, 2/5 completed 31 Direct materials,...

  • Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by...

    Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit July 1 Bal., 6,400 units, 3/5 completed 20,992 31 Direct materials, 288,000 units 835,200...

  • Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by...

    Cost of Production Report Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From the Roasting Department, coffee beans are then transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at July 31: ACCOUNT Work in Process-Roasting Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit July 308,700 1 Bal., 4,900 units, 1/5 completed 31 Direct materials, 220,500 units 31...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT