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Unformatted text preview: CC Units to account for: Beginning WIP, March 1 + Units started during March Total physical units to account for Units accounted for: Completed & transferred out (6,550 x 100%; 6,550 x 100%) + Ending WIP March 31 (1,450 x 100%; 1,450 x 80%) = Units Accounted for Equivalent Units DM CC Total Beginning WIP, March 1 $ $ $ Costs added during March Costs to account for Divide by equivalent units produced Cost per equivalent unit $ $ Step 5: Assign costs to units completed & EWIP Units completed and transferred out $ Ending WIP, March 31 Direct materials Conversion costs Total E-WIP, March 31 Costs accounted for $ Equivalent Units Step 3 & 4: Summarize total costs to account for & calculate cost per equivalent unit (6,550 x ($1.45 + $0.90)) (1,450 x $1.45) (1,160 x $0.90) Step 2: Calculate E.U....
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- Spring '11
- 80%, $ 2, $0.90, $1.45