CoursHeroTranscribedText: 4.29 Process costing; no work in process: chemical manufacturer t04 8 Fresh 'n' Kleen....
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CoursHeroTranscribedText: 4.29 Process costing; no work in process: chemical manufacturer t04 8 Fresh 'n' Kleen. a chemical company, produces its primary product. Splash All-Purpose Cleaner. in 500 ' millilitre containers. Production takes place in two departments: Mixing and packaging. The manufacturing costs For each department for November were: Mixing Packaging I Direct materials 518'? 500 $24 000 Direct labour 25 000 6 000 Manufacturing overhead 37 500 9 000 in November the company produced T5 000 titres of Splash, which was packed into 150 000 containers. There were no work in process inventories. Required: 1 What is the cost per container for Splash? 2 Prepare the journal entries to record the production costs For November. Assume that the costs of the two production departments are charged to separate work in process inventory accounts. _..c. . 3 Evaluate this aooroach to product costine
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