ACC241 Computer Project 1

ACC241 Computer Project 1 - $9,600 $5,575 Total Cost added...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
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 % Equivalent % Equivalent Units accounted for as follows: Complete Units Complete Units Transferred to the 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 Conversion Cost to be accounted for Work in process, May 1 $15,175
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $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 the 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 to be accounted for $734,675...
View Full Document

This note was uploaded on 04/03/2008 for the course ACC 241 taught by Professor Okopny during the Spring '08 term at Eastern Michigan University.

Page1 / 2

ACC241 Computer Project 1 - $9,600 $5,575 Total Cost added...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online