Accounting Question
student
Learning Goal: I’m working on a accounting multi-part question and need an explanation and answer to help me learn.
Managerial Accounting: Critical Thinking Assignment -1
Module 03: Job Order Costing and Process Costing
Mirror Products manufactures mirrors and uses a standard process costing system.
The following production and cost data are based on June 2022. This information represents the standard cost of one unit: (please find out the attachments)
1. Prepare an equivalent unit of production schedule.
2. Prepare a cost of production report and assign costs to goods transferred and to inventory.
3. Compute the direct material variance and conversion cost variance. Show all work. What is the total amount to be booked against the cost of goods sold?
4. Based on your analysis above, does this product appear to be a good source of income for the firm? Should it continue operations? Why or why not?
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The assignment must include an introduction, and in the introduction should include:
The assignment must include a Conclusion
The assignment must include at least 4 strong, good references in addition to course book.
Course book must be used for this assignment.
Please make sure to provide examples to explain points ..etc
Includes a purpose statement
The Course book is
Warren, C. S., & Tayler, W. B. (2020). Managerial accounting (15th ed). Cengage.
Print: ISBN: 9781337912020
eText ISBN: 9780357685709
Make sure to cite your statements and in-text citation using APA
Please find out the attachments
Please Use APA 7th edition,
Please attach copy of all references you use
ATTACHMENTS
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