Prepare a cost of production summary for each department


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Instructions are as followed: "Complete Cost of Production Reports using the Average Cost method

Berg Products manufactures one product in two departments on a continuous basis and uses the average method of process cost accounting.

The following information was reported for the month of May.

Requirements:

Prepare a cost of production summary for each department for the month.

Attachment:- Problems - Cost of Production Reports.xlsx

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Accounting Basics: Prepare a cost of production summary for each department
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