Material | Conversion | Total | |||
1) | Equivalent Units | 471,600 | 464,400 | ||
2) | Cost per equivalnet unit | 1.55 | 0.75 | ||
3) | Cost of Ending WIP | 33,480 | 10,800 | 44,280 | |
4) | Cost of Transferred Units | 697,500 | 337,500 | 1,035,000 | |
5) | Cost Reconciliation Report | ||||
Costs to be acounted for: | |||||
Total | Material | Conversion | |||
Costs in beginning inventory | 171,500 | 117,900 | 53,600 | ||
Cost added dueing the year | 907,780 | 613,080 | 294,700 | ||
Total cost to account for | 1,079,280 | 730,980 | 348,300 | ||
Equivalent Units from above | 471600 | 464400 | |||
Cost per equivalnet unit | 1.55 | 0.75 | |||
Total | Material | CC | |||
Cost Accounted for | |||||
Units completed and transfer | 1,035,000 | 697,500 | 337,500 | ||
Units in ending inventory | 44,280 | 33,480 | 10,800 | ||
Total Cost Accounted for | 1,079,280 | 730,980 | 348,300 | ||
Builder products inc. | |||||
Production Cost Report | |||||
Actual Units | |||||
Caluclation of Physical UNITS: | |||||
Units in begining inventory | 76000 | ||||
Units started during the period | 410000 | ||||
Units to be accounted for | 486000 | ||||
Actual Units | Equivalent Units | ||||
Material | Conversion | ||||
Units Completed and Transferred | 450000 | 450000 | 450000 | ||
Units in ending inventory | 36000 | 21600 | 14400 | ||
Total accounted for | 486000 | 471600 | 464400 | ||
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a...
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 64,000 290,000 ? Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 60# complete; conversion 40complete Cost data: Work in...
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 40 points 76,000 410,000 eBook Print Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 60% complete; conversion 40%...
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 10,000 100,000 2 Production data: Pounds in process, May 1; materials 1008 complete; conversion 808 complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 609 complete: conversion 208 complete Cost data: Work...
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 10,000 100.000 ? Production data. Pounds in process, May 1; materials 100% complete; conversion 808 complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 60% complete; conversion 201 complete Cost data Work...
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 70,000 350,000 30,000 Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 70% complete; conversion 30% complete Cost data: dala:...
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: points 8 04:22:47 60,000 250,000 20,000 Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 60% complete; conversion 40%...
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 82,000 470,000 ? Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 70% complete; conversion 30% complete Cost data:...
Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete 76,000 Pounds started into production during May 410,000 Pounds completed and transferred out ? Pounds in process, May 31; materials 60% complete; conversion 40% complete 36,000 Cost data:...
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 81,000 460,000 55,000 Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 80% complete; conversion 20% complete Cost data:...
Builder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: 80,000 450,000 Production data: Pounds in process, May 1; materials 100% complete: conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 60% complete; conversion 48% complete Cost data: Work...