Question

Problem 3 Beniaku Corporation has two production departments and uses a process cost system. The following data is available as to the costs of production and the number of units worked on during the month of June, 2019: Department A: Costs in Beginning Work in Process Direct materials Direct labor Manufacturing overhead Costs incurred during June: Direct materials Direct labor Manufacturing overhead $19,300 $54,200 $16,800 $161,500 $140,800 $67,200 Units worked on during June: Work-in-process, June 1 (30% complete as to materials, 40% complete as to labor, and 25% complete as to overhead) Units started during June Work-in-process, June 30 (80% complete as to materials, 35% complete as to labor, and 40% complete as to overhead) 4,600 units 43,200 units 3,900 units Department B: Costs in Beginning Work in Process Direct materials Direct labor Manufacturing overhead Transferred in Costs incurred during June: Direct materials Direct labor Manufacturing overhead $12,900 $16,400 $8,800 $195,300 $92,300 $86,500 $44,700 46.100 units Units worked on during June: Units completed in June Work-in-process, June 30 (70% complete as to materials, 85% complete as to labor, and 80% complete as to overhead) 6,700 units REQUIRED: Prepare a production cost report for Departments A and B.

Answer 1

Answer:

Please find the attached cjjhart to understand the same

Department A	Cost Incurred in June		Department B	Cost Incurred in June
Direct Mateials	19300		Direct Mateials	12900
Direct labour	54200		Direct labour	16400
Manufacturing OHD	16800		Manufacturing OHD	8800
			Transferred In	195300
Direct Mateials	161500		Direct Mateials	92300
Direct labour	140800		Direct labour	86500
Manufacturing OHD	67200		Manufacturing OHD	44700
Total	459800		Total	456900
Units Produced
- Opening WIP	4600
- Strated & Completed in June (43200-3900)	39300		Units Completed in June	46100
-   Closing WIP	1092		-   Closing WIP	3986.5
(3900*80%*35%)			(6700*70%*85%)
Total Units Produced	44992			50086.5
Production Cost/Unit	10.22		Production Cost/Unit	9.12