ACC 241 Computer Project One

ACC 241 Computer Project One - Conversion Cost to be...

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Andrew Fretz E00612670 ACC 241 Computer Project One MW 11:30-12:45 Prepared for: Professor Reeves Double Diamond Skis Shaping and Milling Department Production Report (Weighted Average Method) Quantity Schedule and Equivalent Units Quantity Schedule Units to be Accounted for: Work in process, May 1 200 Started into production 5,000 Total Units to be accounted for 5,200 Materials Conversion % Equivelant % Equivalent Units accounted for as follows: Complete Units Complete Units Transferred to next department 4,800 100% 4,800 100% 4,800 Work in process, May 31 400 40% 160 25% 100 Total units accounted for 5,200 Equivalent units 4,960 Equivalent units 4,900 Cost per Equivalent Unit Total Cost Materials
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Unformatted text preview: Conversion Cost to be accounted for: Work in process, May 1 $15,175 $9,600 $5,575 Total Cost added in the department $719,500 $368,600 $350,900 Cost per Total cost to be accounted for $734,675 $378,200 $356,475 Equivalent Equivalent Units 4,960 4,900 Unit Cost per equivalent unit $76.2500 $72.7500 $149.0000 Cost Reconciliation Cost per Total Equivalent Equivalent Cost Units Unit Cost accounted for as follows: Transferred to next department $715,200 4,800 $149.0000 Work in process May 31 Materials $12,200 160 $76.2500 Conversion $7,275 100 $72.7500 Total work in process, May 31 $19,475 Total cost accounted for $734,675...
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This note was uploaded on 04/01/2008 for the course ACC 241 taught by Professor Okopny during the Winter '08 term at Eastern Michigan University.

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