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Production Cost (Example)

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Production Cost To: Davis Skaros production Manager From: The Accounting Department Date: 30th June 2017 RE: Production Cost Report on Inventory Measurement The aim of this memorandum is to offer thorough accurate and dependable clarifications on why the provided numbers that were provided by the cost report on production inventory is accurate as a suitable criterion was utilized. The production costing report indicated that there were only 2 000 units for the finishing inventory Equivalent production units refers to the general measurement of the completed work in a given period period when the accounting of the equivalent measures was being done (Warren 2014). The amounts hold no particular reference from the operative view and nor are the calculations used for any given cost derivation kind apart from the costing process. References Warren C. S. (2014). Managerial accounting. Mason Ohio: South-Western Cengage Learning. Warren C. S. Reeve J. M. & Duchac J. E. (2012). Accounting. Mason OH: South-Western Cengage Learning. Weygandt J. J. Kieso D. E. & Kimmel P. D. (2010). Managerial accounting: Tools for business decision making. Hoboken NJ: Wiley. [...]

Order Description:

Scenario: Davis Skaros has recently been promoted to production manager. He has just started to receive various managerial reports, including the production cost report you prepared. It showed his department had 2,000 equivalent units in ending inventory. His department has had a history of not keeping enough inventory on hand to meet demand. He has come to you, very angry, and wants to know why you credited him with only 2,000 units when he knows he had at least twice that many on hand. Prepare a maximum 700-word informal memo and explain to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory. Using a professional tone, explain to him clearly why your report is accurate. Format the assignment consistent with APA guidelines

Subject Area: Accounting

Document Type: Paraphrasing

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $15

Words 550

Pages 2

Completed in 22 days

Expert scott1

Client Review

Good work


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