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The Assembly Department of Nitz Company Has the Following Production

Question 18

Essay

The Assembly Department of Nitz Company has the following production and cost data at the end of May 2017.
Production: 30000 units started into production; 25000 units transferred out and 5000 units 100% completed as to materials and 40% completed as to conversion costs.
Manufacturing Costs: Materials added at beginning of process $90000; labor $75000; overhead $60000.
Instructions
Prepare a production cost report for the month of May.

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