The following amounts were selected from the production report of chandon corporation: actual units in production 42,000 equivalent units (materials) 42,000 equivalent units (conversion) 39,000 cost per equivalent unit (materials) $1.10 cost per equivalent unit (conversion) $0.90 chandon uses the weighted average method in preparing its production reports. chandon's total production cost to be accounted for must have been a.$89,100. b.$72,900. c.$84,000. d.$81,300.

Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be

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Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.