Accountancy, asked by lucastan65, 9 months ago

Scott Inc., manufactures a product that passes through two processes: mixing and molding. All manufacturing costs are added uniformly in the mixing department. Information for the mixing department for May follows: Work in process, May 1: Units (45% complete) 10,000 Direct materials $23,000 Direct labor $37,000 Overhead $15,000 During May, 65,000 units were completed and transferred to the molding department. The following costs were incurred by the mixing department during May: Direct materials $115,000 Direct labor $140,000 Overhead $55,000 By May 31, 4,000 units that were 80 percent complete remained in Mixing. Scott uses the weighted

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Answered by nilkantray
0

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