Cost of Production Report within Three Departments. The cost data of the Bethelhum Manufacturing Company for August are given on the next page.
Department Materials Labor Overhead
Mixing $18,000 $11,880 $5,940
Refining 11,520 8,640
Finishing 1 1,440 8,580
Mixing $18,000 $11,880 $5,940
Refining 11,520 8,640
Finishing 1 1,440 8,580
No beginning inventory. Units started in process, 300,000.
Units in process, August 31:
6,000 — in the Mixing Department, with all materials added and estimated to be 50% converted.
6,000 —just completed by the Mixing Department, and transferred to the Refining Department.
8,000 — in the Finishing Department, estimated to be 75% converted.
Required: A cost of production report for the three departments for August.