PROBLEM 10-10

1. Equivalent Units of Production

Trimming
Department
Materials:
Completion of WIP,end 100%
Work in process 600
Work in process, end 600
Transferred out 5400
EUP 6000

Labor:
Completion of WIP,end 60%
Work in process 600
Work in process, end 360
Transferred out 5400
EUP 5760

Overhead:
Completion of WIP,end 60%
Work in process 600
Work in process, end 360
Transferred out 5400
EUP 5760

2. Cost of Production Report

Trimming Assembly
Department Department
Quantity Schedule Units Quantity Schedule
Started in process 6000 Transferred in
Transferred out 5400 Transferred out
Work in process, end 600 Work in process, end
Total accounted for 6000 Total accounted for

Cost Schedule Total Cost EUP Unit Cost Cost Schedule

Materials 33600 6000 5.6 Transferred in cost
Labor 18500 5760 3.2118055556 Cost added this department
Overhead 9217 5760 1.6001736111 Material
Total cost to account for 61317 10.411979167 Labor
Overhead
Transferred out to next department 56224.6875 Total costs account for
 Work in process, end:
Materials 3360 Transferred out to next departm
Labor 1156.25 Work in process, end:
Overhead 576.0625 Transferred in cost
Total WIP 5092.3125 Costs added this dept.:
Total Cost accounted for 61317

Total Work in process

Total costs accounted for

3a.
Work in process - Trimming Department 61,317
Work in process - Trimming Department 38,746
Work in process - Finishing Department 21,680
Materials 56786
Factory Payroll 43660
Factory overhead control 21297
To record manufacturing costs

3b.
Work in process - Assembly Department 56,225
Work in process - Trimming Department 56,225
To record transfer of goods from Trimming to Assembly Department

3c.
Work in process - Finishing Department 88,327
Work in process - Assembly Department 88,327
To record transfer of goods from Assembly to Finishing Department

3d.
Finished Goods 105735.41634
Work in process - Finishing Department 105735.416339
To record completion of finished goods

Kezia Rev L. Combalicer

BSA12KA2
 Assembly Finishing
Department Department

95% 80%
400 200
380 160
5000 4800
5380 4960

75% 90%
400 200
300 180
5000 4800
5300 4980

85% 80%
400 200
340 160
5000 4800
5340 4960

Assembly Finishing
Department Department
Quantity Schedule Units Quantity Schedule
Transferred in 5400 Transferred in
Transferred out 5000 Transferred out
Work in process, end 400 Work in process, end
Total accounted for 5400 Total accounted for

Cost Schedule Total Cost EUP Unit Cost Cost Schedule

Transferred in cost 56225 5400 10.412037037 Transferred in cost
Cost added this department Cost added this department
Material 16786 5380 3.1200743494 Material
Labor 14840 5300 2.8 Labor
Overhead 7120 5340 1.3333333333 Overhead
Total costs account for 94971 17.66544472 Total costs account for
Transferred out to next department 88327.223599 Transferred out to next department
Work in process, end: Work in process, end:
Transferred in cost 4164.81481 Transferred in cost
Costs added this dept.: Costs added this dept.:
Materials 1185.62825 Materials
Labor 840 Labor
Overhead 453.333333 Overhead
Total Work in process 6643.7764009 Total Work in process
Total costs accounted for 94971 Total costs accounted for
 Units
5000
4800
200
5000

Total Cost EUP Unit Cost

88328 5000 17.6656
d this department
Material 6400 4960 1.2903225806
Labor 10320 4980 2.0722891566
Overhead 4960 4960 1
s account for 110008 22.028211737
ed out to next department 105735.41634
rocess, end:
ansferred in cost 3533.12
s added this dept.:
Materials 206.4516129
Labor 373.01204819
Overhead 160
al Work in process 4272.5836611
s accounted for 110008