Process Costing
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1) The following data is available for the Fabricating and finishing departments of Williams manufacturing company for the month ending January 2001.
(see attached file)
Prepare a cost of production report for each department under the weighted average and FIFO methods
2) Amy Wells production company manufactures industrial chemicals. Three departments are involved in the process-blending, heating and bottling. -----Data for January and February operatings in the heating department are as follows: (see attached file)
Prepare a cost of production report for each department under the weighted average and FIFO methods
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Prepare a cost of production report under the weighted average and FIFO methods.
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