Problem

Departmental cost worksheet analysis; cost of production summary, three departments, no...

Departmental cost worksheet analysis; cost of production summary, three departments, no beginning inventories

Phillies Manufacturing Co. has three departments and uses the process cost system of accounting. A portion of the departmental cost work sheet prepared by the cost accountant at the end of July is reproduced below.

Required:

Prepare a cost of production summary for each department. (Round unit costs to three decimal places.)

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Solutions For Problems in Chapter 5