ACT305 Module 3 - Production Cost Accounting –Weighted Average Method.xlsx

ACT305 Module 3 - Production Cost Accounting –Weighted Average Method.xlsx

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Maple, Inc. Blending Department Production Cost Report For the month ended August 31, 2015 Equivalent Units Quantities Physical Units Material Conversion Costs Units to be accounted for Work in process, August 1 3000 Started into production 85000 Total Units 88000 Units Accounted for Transferred out 82,000 82,000 82,000 Work in process, August 31 6,000 4,800 1,800 Total Units 88,000 86,800 83,800
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Blending Department Production Cost For the month ended August 31, 2015 Costs Units Costs Material Conversion Costs Total work in process - August 1 $900 $5,900 $6,800 Costs added during the month $151,000 $161,700 $312,700 Total Costs $151,900 $167,600 $319,500 Equivalent Units 86,800 83,800 Per Unit Cost $1.75 $2.00 $3.75
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Blending Department Ending Work In Process and Transferred Cost For the month ended August 31, 2015
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