Cost det and analysis HW- 6-18

Cost det and analysis HW- 6-18 - costs in beg WIP $8,000.00...

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Patrick Carmody 6-18 Peterson Company Assembly dept. Production Report for April (Weighted Average Method) Unit Info units to account for: Units units, beg work in process  10,000.00  units started during April  15,000.00  Total units to account for  25,000.00  units accounted for: units completed and transferred out  20,000.00  units in ending wip  5,000.00  Total units accounted for  25,000.00  Equiv. Units- Weighted average Method Material  Conversion  units completed and transferred out  20,000.00   20,000.00  units, ending wip Material  5,000.00  Conversion  4,000.00   25,000.00   24,000.00  Material  5,000.00   X  100% = Conversion  5,000.00   X  80% = Costs to Account for and Cost per Unit Material Conversion
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Unformatted text preview: costs in beg WIP $8,000.00 $16,000.00 costs added during the month $24,000.00 $28,000.00 $32,000.00 $44,000.00 Divided by: Equiv. units of output 25,000.00 24,000.00 cost per unit $1.28 $1.83 Cost Accounted for costs transferred out: Units $3.11 X 20,000.00 = $62,267.00 costs in ending WIP Material $1.28 X 5,000.00 Conversion $1.83 X 4,000.00 = $13,733.00 Reconciliation: costs to account for: costs accounted for: Beg. WIP $24,000.00 Transferred out $62,267.00 April $52,000.00 Ending WIP $13,733.00 Total $76,000.00 Total $76,000.00 5,000.00 4,000.00 Total $76,000.00 $3.11...
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This note was uploaded on 02/23/2011 for the course ECON 101 taught by Professor Profeessor during the Spring '11 term at Aachen University of Applied Sciences.

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Cost det and analysis HW- 6-18 - costs in beg WIP $8,000.00...

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