Chapter_3_Additional_Examples

Chapter_3_Additional_Examples - E1 Quantity Schedule and...

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Quantity Schedule and Equivalent Units Units to be accounted for Working Process, June 1 8000 (materials 100% complete; conversion 75% complete) Started into production 45000 Total Units to be accounted for 53000 Equivalent Units Materials Conversion Units accounted for as follows: Transferred to next department 48000 ? ? Working Process, June 30 5000 ? ? (materials 100% complete; conversion 40% complete) Total Units accounted for 53000 ? ? Cost per Equivalent Unit Total cost Materials Conversion Cost to be accounted for Working Process, June 1 $7,130 $5,150 $1,980 Cost added by the department $58,820 $29,300 $29,520 Total Cost (a) ? ? ? Equivalent Units (b) ? ? Whole Unit Cost per EU (a)/(b) ? ? ? Cost reconciliation Costs accounted for as follows Equivalent Units Total Cost Materials Conversion Transferred to next department 48000 EUs x _________ per EU ? ? ? Working Process, June 30 Materials at $______ per EU ? ? Conversion at $____per EU ? ? Total Work in Process
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This note was uploaded on 06/06/2011 for the course ACC 202 taught by Professor - during the Spring '11 term at SUNY Plattsburgh.

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Chapter_3_Additional_Examples - E1 Quantity Schedule and...

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