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never [62]
4 years ago
7

Which of the following is a key document in a typical process-costing system? A. Departmental production report. B. Sequential p

roduct report. C. Production budget. D. Master schedule. E. Materials requirement report.
Business
1 answer:
quester [9]4 years ago
8 0

Answer: Option A

     

Explanation: A Departmental Manufacturing cost Report (CPR) indicates all expenses that a division may be paid. Not only is it the origin of detailed journal entries at just the end of this month, but it is also the best effective method to view and dispose of the accrued costs over the month.

A departmental cost report depicts:-

1. Total unit costs out of a previous division moved to it.

2. The division included supplies, staff, and overhead warehouse.

3. The cost per unit of the division included.

4. Average and unit expenses incurred at the bureau's conclusion of activities.

5. Through process inventory levels, the expense of start and finish research.

6. Price moved to a successor division or storage of finished products

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since there is no residual value (scrape value) therefore, we divide <u>100,000 </u>

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the answer we get 20000 per year depreciation. but the equipment is bought on 1st oct, and if assume that the year ends on Dec, 31 so  it is measure for 3 month depreciation which is 5000.                                                                                                                                                                                                                                                                                            

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