The end of the month report for a process costing system which provides details of the cost per equivalent unit calculations is called
cost summary report. equivalent unit report. production cost report. inventory control report. On June 1 the soldering department had 430 units in inventory. The department transferred 7100 units to the next department during June and there were
500 units in inventory on June 30. How many units were received and started by the department during June?
6670 7170 7030 7600 Cost of goods manufactured equals $44000 for 2011. Finished goods inventory is $2000 at
the beginning of the year and $5500 at the end of the year. Total manufacturing overhead is $4500. Beginning and ending work in
process for 2011 are $4000 and $5000 respectively. How much is cost of goods sold for the year? Answer $47500 $40500 $45000 More information is needed.