Given Data P28-01A GREEN
PRODUCTS, INC.Monthly Production Report for December, 2010
GREEN PRODUCTS, INC.
Monthly Production Report for December, 2010
Given
Data P28-02A ACC216 Problem 28-02A RAHC GAMES, INC. Data for June, 2010
GREEN PRODUCTS, INC.
Monthly Production Report for December, 2010
|
|
Molding
|
|
Assembly
|
|
Completion
|
|
|
Department
|
|
Department
|
|
Department
|
|
Quantities
|
|
|
|
|
|
|
Started
in production - current month
|
2,200
|
|
0
|
|
0
|
|
Transferred
in from prior department
|
0
|
|
1,900
|
|
1,700
|
|
Transferred
out to next department
|
1,900
|
|
1,700
|
|
0
|
|
Transferred
out to finished goods
|
0
|
|
0
|
|
1,400
|
|
Work in
process - ending
|
300
|
|
200
|
|
300
|
|
Stage of
Completion - Ending Work in Process
|
|
|
|
|
|
|
Materials
|
100%
|
|
100%
|
|
90%
|
|
Labor
|
90%
|
|
70%
|
|
90%
|
|
Overhead
|
90%
|
|
70%
|
|
90%
|
ACC216
Problem 28-02A RAHC GAMES, INC. Data
for June, 2010
RAHC
GAMES, INC.
Data
for June, 2010
GENERAL
JOURNAL
|
Fabricating
|
|
Assembly
|
|
Department
|
|
Department
|
Costs
|
|
|
|
Materials
|
$45,000
|
|
$7,380
|
Labor
|
34,986
|
|
14,790
|
Manufacturing
overhead
|
16,513
|
|
7,830
|
Total
Costs
|
$96,499
|
|
$30,000
|
Quantities
|
|
|
|
Started
in production
|
5,000
|
|
0
|
Transferred
in from prior department
|
0
|
|
4,500
|
Transferred
out to next department
|
4,500
|
|
0
|
Transferred
out to finished goods
|
0
|
|
4,200
|
Work in
process - ending
|
500
|
|
300
|
Stage of
Completion - Ending Work in Process
|
|
|
|
Materials
|
100%
|
|
100%
|
Labor
|
80%
|
|
50%
|
Manufacturing
Overhead
|
80%
|
|
50%
|
|
|
|
|
Monthly
payroll for the producing departments:
|
|
|
|
Social Security tax
|
$3,086.11
|
|
|
Medicare tax
|
$721.75
|
|
|
Federal income tax
|
$7,500.00
|
|
|
Sales on
credit for the month
|
$150,000.00
|
|
|
Cost of
Goods Manufactured
|
$76,500.00
|
|
|
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