Business, 09.09.2020 02:01 angeladominguezgarci

polk company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2017 are as follows. Work in process units, July 1. Units 500 %60 Units started into production. Units 1000 %40 COST DATA- BASKETBALLS work in process, july 1 Materials. $750 Conversion costs. $600. $1350 Direct Materials. 2400 Direct labor. 1580 Manufacturing overhead. 1240 Prepare a production cost report for the month of July for the basketballs. (Round unit costs to 3 decimal places, e.g. 2.257 and all other answers to 0 decimal places, e. g. 2,250.) Polk Company Basketball Department Production cost report for the month ended july 31, 2017 Units to be accounted for work in process, july 1. = Started into production = Total units = Units accounted for transferred out = = = Work in process, july 31 = = = Total units. = = = Unit costs Costs in july = = = Equivalent units. = = Units costs. = = = Cost to be accounted for work in process, july 1. = Started into production = Total costs. = Cost reconciliation schedule Costs accounted for transferred out. = Work in process, july 31 Materials. = Conversion costs. = = Total costs. =

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