u m c

wip 19000 100% 75%

into pr 177000
com tf 155000
wip end 41000 100% 25%

wip 24700 25300

csost ed 367300 239100

1 Equivalent units of production:

Materials Conversion
Transferred to next department 155,000 155,000
Ending work in process:
Materials: 41,000 units x 100% complete 41000
Conversion:41,000 units x 25% complete 10250
Equivalent units of production 196,000 165,250

2 Cost per Equivalent Unit

Materials Conversion
Cost of beginning work in process $ 24,700 $ 25,300
Cost added during the period $ 367,300 $ 239,100
Total cost (a) $ 392,000 $ 264,400
Equivalent units of production (b) 196,000 165,250
Cost per equivalent unit, (a) ÷ (b) $ 2.00 $ 1.60

3 Applying costs to units:

Materials Conversion Total
Ending work in process inventory:
Equivalent units of production 41,000 10,250
Cost per equivalent unit $ 2.00 $ 1.60
Cost of ending work in process inventory $ 82,000 $ 16,400 $ 98,400
4 Units completed and transferred out:
Units transferred to the next department 155,000 155,000
Cost per equivalent unit $ 2.00 $ 1.60
Cost of units completed and transferred out $ 310,000 $ 248,000 $ 558,000

5 Cost reconciliation:

Costs to be accounted for:

Cost of beginning work in process inventory
$ 50,000
(24700+25300)
Costs added to production during the period
$ 606,400
(367300+239100)
Total cost to be accounted for $ 656,400
Costs accounted for as follows:
Cost of ending work in process inventory $ 98,400
Cost of units completed and transferred out $ 558,000
Total cost accounted for $ 656,400
1 Quantity schedule

units to be accounted for

work in process beginning 19000
Started into production 177000
total units 196000

2 equivalent units
units material conversion
Units accounted for as follows
completed and transferred out 155000 155,000 155,000
ending Work in process 41000 41000 10250
total units and equivalent units of production 196000 196000 165250

3 materials conversion
cost per equivalent unit $ 2.00 $ 1.60

4 equivalent units(EU)
total cost materials conversion
cost accounted for as follows
completed and transferred out $ 558,000.00 $ 310,000.00 $ 248,000.00
work in process June 30
Materials $ 82,000.00 $ 82,000.00
conversion $ 16,400.00 $ 16,400.00
total work in process $ 98,400.00
total cost $ 656,400.00
 u m c
wip 125000 55% 50%
into pr 199000
com tf 189000
wip end 135000 60% 40%

wip 14300 4100

csost ed 153100 88240

1 Equivalent units of production:

Materials Conversion
Transferred to next department 189,000 189,000
Ending work in process:
Materials: 135,000 units x 60% complete 81000
Conversion:135,000 units x 40% complete 54000
Equivalent units of production 270,000 243,000

2 Cost per Equivalent Unit

Materials Conversion
Cost of beginning work in process $ 14,300 $ 4,100
Cost added during the period $ 153,100 $ 88,240
Total cost (a) $ 167,400 $ 92,340
Equivalent units of production (b) 270,000 243,000
Cost per equivalent unit, (a) ÷ (b) $ 0.62 $ 0.38

3 Applying costs to units:

Materials Conversion Total
Ending work in process inventory:
Equivalent units of production 81,000 54,000
Cost per equivalent unit $ 0.62 $ 0.38
Cost of ending work in process inventory $ 50,220 $ 20,520 $ 70,740
4 Units completed and transferred out:
Units transferred to the next department 189,000 189,000
Cost per equivalent unit $ 0.62 $ 0.38
Cost of units completed and transferred out $ 117,180 $ 71,820 $ 189,000

5 Cost reconciliation:

Costs to be accounted for:

Cost of beginning work in process inventory
$ 18,400
(14300+4100)
Costs added to production during the period
$ 241,340
(153100+88240)
Total cost to be accounted for $ 259,740
Costs accounted for as follows:
Cost of ending work in process inventory $ 70,740
Cost of units completed and transferred out $ 189,000
Total cost accounted for $ 259,740
 u m c
wip 20000 100% 75%
into pr 180000
com tf 160000
wip end 40000 100% 25%

wip 25200 24800

csost ed 334800 238700

1 Equivalent units of production:

Materials Conversion
Transferred to next department 160,000 160,000
Ending work in process:
Materials: 40,000 units x 100% complete 40000
Conversion: 40,000 units x 25% complete 10000
Equivalent units of production 200,000 170,000

2 Cost per Equivalent Unit

Materials Conversion
Cost of beginning work in process $ 25,200 $ 24,800
Cost added during the period $ 334,800 $ 238,700
Total cost (a) $ 360,000 $ 263,500
Equivalent units of production (b) 200,000 170,000
Cost per equivalent unit, (a) ÷ (b) $ 1.80 $ 1.55

3 Applying costs to units:

Materials Conversion Total
Ending work in process inventory:
Equivalent units of production 40,000 10,000
Cost per equivalent unit $ 1.80 $ 1.55
Cost of ending work in process inventory $ 72,000 $ 15,500 $ 87,500
4 Units completed and transferred out:
Units transferred to the next department 160,000 160,000
Cost per equivalent unit $ 1.80 $ 1.55
Cost of units completed and transferred out $ 288,000 $ 248,000 $ 536,000

5 Cost reconciliation:

Costs to be accounted for:

Cost of beginning work in process inventory
$ 50,000
(25200+24800)
Costs added to production during the period
$ 573,500
(334800+238700)
Total cost to be accounted for $ 623,500
Costs accounted for as follows:
Cost of ending work in process inventory $ 87,500
Cost of units completed and transferred out $ 536,000
Total cost accounted for $ 623,500
 u m c
wip 70000 70% 40%
into pr 350000
com tf 340000
wip end 80000 75% 25%

wip 25900 9000

csost ed 278100 192600

1 Equivalent units of production:

Materials Conversion
Transferred to next department 340,000 340,000
Ending work in process:
Materials: 80,000 units x 75% complete 60000
Conversion: 80,000 units x 25% complete 20000
Equivalent units of production 400,000 360,000

2 Cost per Equivalent Unit

Materials Conversion
Cost of beginning work in process $ 25,900 $ 9,000
Cost added during the period $ 278,100 $ 192,600
Total cost (a) $ 304,000 $ 201,600
Equivalent units of production (b) 400,000 360,000
Cost per equivalent unit, (a) ÷ (b) $ 0.76 $ 0.56

3 Applying costs to units:

Materials Conversion Total
Ending work in process inventory:
Equivalent units of production 60,000 20,000
Cost per equivalent unit $ 0.76 $ 0.56
Cost of ending work in process inventory $ 45,600 $ 11,200 $ 56,800
4 Units completed and transferred out:
Units transferred to the next department 340,000 340,000
Cost per equivalent unit $ 0.76 $ 0.56
Cost of units completed and transferred out $ 258,400 $ 190,400 $ 448,800

5 Cost reconciliation:

Costs to be accounted for:

Cost of beginning work in process inventory
$ 34,900
(25900+9000)
Costs added to production during the period
$ 470,700
(278100+192600)
Total cost to be accounted for $ 505,600
Costs accounted for as follows:
Cost of ending work in process inventory $ 56,800
Cost of units completed and transferred out $ 448,800
Total cost accounted for $ 505,600