Question:
1. Antler Company manufactures glass cleanser. The mixing department, the first process department, mixes the chemicals required for the cleanser. The following data are for 2010:
Work in process, January 1, 2010 .................... -
Gallons started .......................................... 150,000
Gallons transferred out ................................ 126,000
Direct materials cost ................................... $150,000
Direct labor cost .......................................$297,600
Overhead applied ......................................$446,400
Direct materials are added at the beginning of the process. Ending inventory is 95 percent complete with respect to direct labor and overhead.
Required:
Prepare a production report for the mixing department for 2010