Week4_Bancroft

Week4_Bancroft - Work in process, ending (1800) Total costs...

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1 Flow of Production Work in process, beg Started during current period To account for Good units completed and transferred out during current period: Normal spoilage (900*100%, 900*100%) Abnormal spoilage (300*100%, 300*100%) Work in process, ending (1800*100%, 1800*75%) Accounted for Work done to date 2 Work in process, beginning Costs added in current period otal costs to account for Costs incurred to date Divide equal units of work done to date Costs per equal unit Assignment of costs Good units completed and transferred out (9000) Costs before adding normal spoilage Normal spoilage (900) Total costs of good units completed and transferred out Abnormal spoilage
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Unformatted text preview: Work in process, ending (1800) Total costs accounted for Physical Direct Conversion Units Materials Costs 2,000 10,000 12,000 9,000 9000 9,000 900 900 900 300 300 300 1,800 1,800 1,350 12,000 12,000 11,550 Total Production Direct Conversion Costs Materials Costs $28,600 $17,700 $10,900 174,300 81,300 93,000 $202,900 $99,000 $103,900 $155,211 (9000*8.25) + (9000*8.9957) 15,521 (900*8.25) + (900*8.9957) 170,732 5,174 (300*8.25) + (300*8.9957) 26,994 (1800*8.25) + (1350*8.9957) $202,900 $99,000 $103,900...
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This note was uploaded on 06/01/2011 for the course ACCT 433b taught by Professor Alfredcontreras during the Spring '11 term at National.

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Week4_Bancroft - Work in process, ending (1800) Total costs...

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