Question

Chapter 6 Process Costing lse the following information for Problems 6-62 and 6-63: Millie Company produces a product that passes through an assembly process and a finish- ing process. All manufacturing costs are added uniformly for both processes. The following information was obtained for the assembly department for June a. WIP, June l, had 24,000 units (60% completed) and the following costs: Dircct materials Direct labor Overhead applied $186,256 64,864 34.400 t of b. During June. 70,000 units were completed and transferred to the finishing department, and the following costs were added to production: bra In the Direct materials Direct labor Overhead applied $267,880 253,000 117,600 On June 30, there were 10,000 partially completed units in process. These units were 70% complete. c. d aver Problem 6-62 Weighted Average Method, Single-Department Analysis Refer to the information for Millie Company above. Required Prepare a production report for the assembly department for June using the weighted averags it bbe hett d lh method of costing The report should disclose the physical flow of units, eçquivalent units, and unit costs and should track the disposition of manufacturing costs Problem 6-63 (Appendix 6A) First-In, First-Out Method; Single-Department Analysis; One Cost Category Refer to the information for Millie Company above Reauired production report for the assembly department for Jane using the FIFO metho

Please answer parts 1, 2, and 3.

Answer 1