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Unformatted text preview: Total Cost Allocation Ending Work in Process Incurred (material @ ) Incurred (conversion @ ) Started and completed (@ ) Total Units Reconciled EQUIVALENT UNITS CALCUATIONS: Total Cost to Finished Goods Transferred to Finished Goods Total cost COST ALLOCATION: Equivalent Units (from above) Costs per equivalent unit From Beginning Inventory Cost in Beginning Inventory Ending WIP Completion Status: Materials = 100% Conversion = 30% Beginning WIP Completion Status: Materials = Begin at 100% (0% to complete) Conversion = Begin at 55% (45% to complete)...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.
- Spring '11