Cost Chapter 17 problems with Connect homework.xlsx

# Cost Chapter 17 problems with Connect homework.xlsx - Prob...

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Prob 17-32 October in Assembly FIFO Physical Units units DM CC Beginning wip 28000 Units started 60000 Total units to account for 88000 Units finished and out from begin wip 28000 0 2000 started and finished 38000 17500 17500 Ending units in wip 22000 2500 1750 Equivalent units 88000 20000 21250 Costs Total Costs DM CC Beginning wip 1652750 1250000 402750 Costs during current period 6837500 4500000 2337500 Total 8490250 Current period costs 6837500 4500000 2337500 Equivalent units 20000 21250 Cost per unit, current period 335 225 110 Assignment of costs: Completed and transferred beginning wip costs 1652750 1250000 402750 to finish beg units 220000 0 220000 started and completed 5862500 3937500 1925000 total costs transferred out 7735250 wip, ending 755000 562500 192500 Total costs accounted for 8490250

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Physical units DM CC 400 20000 20400 5000 0 2000 17500 17500 17500 2500 2500 1750 25000 20000 21250 Total Costs DM CC Beginning wip 1652750 1250000 402750 Costs during current period 6837500 4500000 2337500 Total 8490250 Current period costs 6837500 4500000 2337500 Equivalent units 21250 0 Cost per unit, current period #DIV/0! 211.76470588 #DIV/0! Assignment of costs: Completed and transferred beginning wip costs 1652750 1250000 402750 to finish beg units #DIV/0! 0 #DIV/0! started and completed #DIV/0! 3705882.3529 #DIV/0! total costs transferred out #DIV/0! wip, ending #DIV/0! 370588.23529 #DIV/0! Total costs accounted for #DIV/0!
Ex 17-16 Equivalent units, zero beginning inventory Weighted average Physical Units units DM CC Beginning wip 0 Units started 10000 Total units to account for 10000 Units finished and out 9000 9000 9000 Ending units in wip 1000 1000 500 Equivalent units 10000 10000 9500 Costs Total Costs DM CC wi Beginning wip 0 0 0 Costs during current period 1548000 750000 798000 Total 1548000 750000 798000 Equivalent units 10000 9500 Cost per unit 159 75 84 Assignment of costs:

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