Copy of C8 Excel Template 8-41

Copy of C8 Excel Template 8-41 - Student Name: Heather...

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Student Name: Heather Bolduc Class: Cost Accounting Problem 08-41A ELMHURST PARTS Production Cost Report - Weighted Average Part a. Equivalent units Physical Materials Labor Overhead Flow of production units: Units Equiv. Units Equiv. Units Equiv. Units Units to be accounted for: Beginning WIP inventory 80,000 Units started this period 400,000 Total units to be accounted for 480,000 Units accounted for: Units completed and transferred out: From beginning inventory 80,000 Started and completed currently 280,000 Total transferred out 360,000 360,000 360,000 360,000 Units in ending WIP inventory 120,000 120,000 48,000 48,000 Total units accounted for 480,000 480,000 408,000 408,000 Correct! Correct! Correct! Correct! Details Flow of costs: Total Costs Materials Labor Overhead Costs to be accounted for: Costs in beginning WIP inventory $1,222,800 $240,000 $546,000 $436,800 Current period costs 5,534,400 1,560,000 2,208,000 1,766,400 Total costs to be accounted for $6,757,200 $1,800,000 $2,754,000
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This note was uploaded on 11/22/2011 for the course COST ACCOU 101 taught by Professor Dennis during the Spring '11 term at Post.

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Copy of C8 Excel Template 8-41 - Student Name: Heather...

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