Romero Company-Perth Division is a new state of the art production facility that manufactures landing gears for airplanes. The ending September 30th work in process is comprised of labor and overhead and is approximately 60% complete. All materials are assumed to be 100% complete. Total materials costs during the period totaled $840,000.
Instructions
As the new plant accountant, you are asked to complete the production cost report which appears as follows: 
Definitions:
Competition Commissioner
An official or an authority responsible for enforcing antitrust laws and promoting fair competition among businesses.
Competition Tribunal
A specialized court that deals with antitrust and competition law issues, often resolving disputes between competitors or allegations of unfair market practices.
Search Warrant
A legal document authorizing a police officer or other official to enter and search premises.
Suggested Retail Price
The price that a manufacturer recommends retailers sell a product for, although retailers are not obligated to adhere to this suggestion.
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