Requirements: 1. Prepare the production report 2. Assume normal spoilage of 5% is discovered at inspection point wherein inspection point is @ 50% stage of completion and 70% of materials is added...

Requirements:
1. Prepare the production report
2. Assume normal spoilage of 5% is discovered at inspection point wherein inspection point is @ 50% stage of completion and 70% of materials is added after th inspection point and the remaining 30% is added at the end of the production. Prepare the production report
3. Assume normal spoilage of 5% is discovered at inspection point wherein inspection point is @ 70% stage of completion and 70% of materials is added after th inspection point and the remaining 30% is added at the end of the production. Prepare the production report

Extracted text: The JBriones Company uses process costing in its two producing departments. following information pertain to Department 2 for November. The place Normal spoilage is 5% of output: inspection and identification of spoilage take at the end of the process: materiais are added after inspection. D.000. Department 2 rcceived 28.000 units from Department 1 at a cost of P280 Department 2 costs were P24.000 for nmaterials and P180,000 for conversion cost s. A total of 16.000 units were completed and transferred to finished goods. At th of the month. 10.000 units were still in process. estimated to be 60% complete ie end as to con ersion costs Cs Scanned with CamScanner Requirements: 1. Prepare the production report 2. Assume normal spoilage of 5% is discovered at inspection point wherein inspection point is @ 50% stage of completion and 70% of materials is added after the inspection point and the remaining 30% is added at the end of the production. Prepare the production report 3. Assume normal spoilage of 5% is discovered at inspection point wherein inspection point is @ 70% stage of completion and 70% of materials is added after the inspection point and the remaining 30% is added at the end of the production. Prepare the production report