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Brookman Semiconductors experienced the following activity in its Photolithography Department during December. Materials are

X - Requirements 1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferre

Data Table 3,000 units Units: Work in process, December 1 (80% of the way through the process) Transferred in from the Polish

Requirement 1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferred-in,

Requirement 2. Summarize total costs to account for and compute the cost per equivalent unit for each cost category. (Enter y

Requirement 3. Assign total costs to units completed and transferred to Finished Goods Inventory and units in December 31 Wor

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Answer #1

Solution 1:

Computation of Equivalent unit of Production - Photolithography Department
Particulars Physical Units Transferred In cost Material Conversion
Unit completed & Transferred out 24000 24000 24000 24000
Closing WIP: 4000
Transferred In (100%) 4000
Material (100%) 4000
Conversion (70%) 2800
Equivalent units of production 28000 28000 28000 26800

Solution 2:

Computation of Cost per equivalent unit of Production - Photolithography Department
Particulars Transferred In cost Material Conversion
Opening WIP $5,900.00 $20,500.00 $8,260.00
Cost Added during month $97,700.00 $41,100.00 $90,900.00
Total cost to be accounted for $103,600.00 $61,600.00 $99,160.00
Equivalent units of production 28000 28000 26800
Cost per Equivalent unit $3.70 $2.20 $3.70

Solution 3:

Computation of Cost of ending WIP and units completed & transferred out - Photolithography Department
Particulars Transferred In cost Material Conversion Total
Equivalent unit of Ending WIP 4000 4000 2800
Cost per equivalent unit $3.70 $2.20 $3.70
Cost of Ending WIP (Equivalent unit * Cost per equivalent unit) $14,800 $8,800 $10,360 $33,960
Units completed and transferred 24000 24000 24000
Cost of units completed & Transferred (Unit completed * cost per equivalent unit) $88,800 $52,800 $88,800 $230,400
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