e3-8 - Name: Date: Instructor: Course: rd Managerial...

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FileName: c6cad7a709246c94f8ed31d2215b029069070a50.xls, Tab: Exercise E3-8, Page 1 of 2, 12/28/2011, 19:01:28 Name: Date: Instructor: Course: Production: Beginning inventory 1,600 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 11,000 Ending inventory of 2,000 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,000 of materials and $43,180 of conversion costs; material costs added in Polishing during the month, $162,700 labor and overhead applied in Polishing during the month $100,080 and $250,940 respectively. Instructions: Physical Units Work in process, October 1 Value Units started into production Value Formula Units transferred out Value Work in process, October 31 Value Formula Equivalent Units Materials Conversion Costs Units transferred out Value Value Work in process Value Value Formula Formula Materials Work in process, October 1 Title Amount Title Amount Total materials cost Formula
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This note was uploaded on 12/28/2011 for the course ACCT 221 taught by Professor Leonarda.bacon during the Winter '07 term at CSU Bakersfield.

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e3-8 - Name: Date: Instructor: Course: rd Managerial...

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