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8.Using the information from Exercises 47, prepare the cost of production report for the Production...

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Accounting

8.Using the information from Exercises 47, prepare the cost of production report for the Production Department of Shooz Manufacturers for the period from January 1 to March 31, 20Y5.

9.All Colors, a paint manufacturer, has two departments, Mixing and Bottling. During the month of March, the Mixing Department completed 10,000 gallons of paint. At the beginning of the month, the department had 2,500 gallons of inventory in process. The Mixing Department had 5,000 gallons of inventory in process at the end of the month. Determine the units to be assigned cost in each of the following groups: beginning inventory, ending inventory, and units started and completed during the month.

10.. All Colors adds direct materials at the beginning of the production process, but conversion costs are incurred evenly throughout the process. The inventory at the beginning of the month was 90% complete with respect to conversion costs. Ending inventory was 50% complete with respect to conversion costs. Use information from Exercise 9 for any additional information needed. a. Determine the direct materials equivalent units. b. Determine the conversion equivalent units.

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