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  • 7/29/2019 Cost Accouunting HW

    1/8

    KeepIn

    Beginning Work in Process Inventory 1300

    Units Started 4800

    Units to Account for 6100

    Units Finished and Transferred 5000

    Ending work in process 1100Units Accounted for 6100

    Cost in Beg. Inv 16,065.00

    Current period cost 56,425.00

    Total cost to account for 72,490.00

    Cost per Unit 13.55

    Started, Finished, and Transferred 67,748.07

    Ending Work in process 4,741.93

    Total Cost accounted for 72,490.00

    KeepIn

    Cost of Production Report

    For the month ended March 31, 2010 (Weighted

    Cost Assignment

    Cost of Production Report

    For the month ended March 31, 2010 (Weighted

    Cost Data Total Cost

    Production Data - Cutting Department Actual Units

    Production Data - Coating Department Actual Units

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    Beginning Work in Process Inventory 900.00

    Units Started 5,000.00

    Units to Account for 5,900.00

    Units Finished and Transferred 4,500.00

    Ending work in process 1,400.00Units Accounted for 5,900.00

    Cost in Beginning Inventory 13,514.00

    Current period cost 84,120.00

    Total cost to account for 97,634.00

    Cost per Unit 17.17

    Started, Finished, and Transferred 77,283.91

    Ending Work in process 20,350.09

    Total Cost accounted for 97,634.00

    Cost Assignment

    Cost Data Total Cost

  • 7/29/2019 Cost Accouunting HW

    3/8

    5000 5000

    440 2205440 5220

    8,345.00 7,720.00

    35,200.00 21,225.00

    43,545.00 28,945.00

    8.00 5.55

    40,022.98 27,725.10

    3,522.02 1,219.90

    43,545.00 28,945.00

    Conversion

    Average Method)

    Equivalent Units of Production

    Average Method)

    Direct Materials Conversion

    Direct Materials

    Equivalent Units of Production

    Direct Materials Conversion

  • 7/29/2019 Cost Accouunting HW

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    4,500.00 4,500.00

    0.00 560.004,500.00 5,060.00

    11,840.00 0.00 1,674.00

    67,870.00 4,950.00 11,300.00

    79,710.00 4,950.00 12,974.00

    13.51 1.10 2.56

    60,795.76 4,950.00 11,538.14

    18,914.24 0.00 1,435.86

    79,710.00 4,950.00 12,974.00

    ConversionTransferred In Direct Materials

  • 7/29/2019 Cost Accouunting HW

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    Beginning Work in Process Inventory 1,300.00

    Units Started 4,800.00

    Units to Account for 6,100.00

    Beg. Work in Process ,completed 1,300.00 260.00

    Units Started, completed 3,700.00 3,700.00Ending work in process 1,100.00 440.00

    Units Accounted for 6,100.00 4,400.00

    Cost in Beg. Inv 16,065.00 8,345.00

    Current period cost 56,425.00 35,200.00

    Total cost to account for 72,490.00 43,545.00

    Cost per Unit 13.00 8.00

    Beginning Work in Process Inventory, FT

    Cost Last Month 16,065.00 8,345.00

    Cost this Month 3,705.00 2,080.00

    Total 19,770.00 10,425.00

    48,100.00 29,600.00

    Total Cost Transferred 67,870.00 40,025.00

    Ending Work in process 4,620.00 3,520.00Total Cost accounted for 72,490.00 43,545.00

    KeepIn

    Cost of Production Report

    For the month ended March 31, 2010 (First In, First Out)

    Cost of Production Report

    KeepIn

    For the month ended March 31, 2010 (First In, First Out)

    Cost Assignment

    Direct MaterialsTotal CostCost Data

    Production Data- Cutting Department Direct MaterialsActual Units

    Equivalent Un

  • 7/29/2019 Cost Accouunting HW

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    Beginning Work in Process Inventory 900.00Units Started 5,000.00

    Units to Account for 5,900.00

    Beg. Work in Process ,completed 900.00 900.00

    Units Started, completed 3,600.00 3,600.00

    Ending work in process 1,400.00 0.00

    Units Accounted for 5,900.00 4,500.00

    Cost in Beg. Inv 13,514.00 11,840.00

    Current period cost 84,120.00 67,870.00

    Total cost to account for 97,634.00 79,710.00

    Cost per Unit 17.17 13.57

    Beginning Work in Process Inventory, FT

    Cost Last Month 13,514.00 11,840.00

    Cost this Month 1,890.00 0.00

    Total 15,404.00 11,840.00

    Started, Finished, and Transferred 61,826.40 48,866.40

    Total Cost Transferred 77,230.40 60,706.40

    Ending Work in process 20,403.60 19,003.60

    Total Cost accounted for 97,634.00 79,710.00

    Cost Assignment

    Equivalent Un

    Cost Data Total Cost Transferred In

    Direct MaterialsProduction Data-Coating Department Actual Units

  • 7/29/2019 Cost Accouunting HW

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    325.00

    3,700.00220.00

    4,245.00

    7,720.00

    21,225.00

    28,945.00

    5.00

    7,720.00

    1,625.00

    9,345.00

    18,500.00

    27,845.00

    1,100.0028,945.00

    Conversion

    Conversion

    its of Production

  • 7/29/2019 Cost Accouunting HW

    8/8

    360.00

    3,600.00

    560.00

    4,520.00

    0.00 1,674.00

    4,950.00 11,300.00

    4,950.00 12,974.00

    1.10 2.50

    0.00 1,674.00

    990.00 900.00

    990.00 2,574.00

    3,960.00 9,000.00

    4,950.00 11,574.00

    0.00 1,400.00

    4,950.00 12,974.00

    its of Production

    Direct Materials Conversion

    Conversion