Chap004 (dragged) 12 - 180,000 100 180,000 180,000 W o r k...

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McGraw-Hill/Irwin ¤ 2005 The McGraw-Hill Companies, Inc. Managerial Accounting, 6/e 4-13 SOLUTIONS TO PROBLEMS PROBLEM 4-27 (45 MINUTES) 1. Physical flow of units: Physical Units W o r k i n p r o c e s s , June 1. ............................................................................ 40,000 Units started during June. .......................................................................... 190,000 T o t a l u n i t s t o account for. .......................................................................... 230,000 Units completed and transferred out during June . ................................. 180,000 W o r k i n p r o c e s s , June 30. .......................................................................... 5 0 , 0 0 0 T o t a l u n i t s a c c o u n ted for . .......................................................................... 230,000 2. Equivalent units: Equivalent Units Physical Units Percentage of Completion with Respect to Conversion Direct Material Conversion W o r k i n p r o c e s s , J u n e 1 . . . . . . . . . . . 4 0 , 0 0 0 38% U n i t s s t a r t e d d u r i n g J u n e . . . . . . . . . 1 9 0 , 0 0 0 T o t a l u n i t s t o a c c o u n t f o r . . . . . . . . . 2 3 0 , 0 0 0 Units completed and transferred o
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Unformatted text preview: ................... 180,000 100% 180,000 180,000 W o r k i n p r o c e s s , J u n e 3 . . . . . . . . . 5 , 55% 50,000 2 7 , 5 T o t a l u n i t s a c c o u n t e d f o r . . . . . . . . . 2 3 , T o t a l e q u i v a l e n t u n i t s . . . . . . . . . . . . . . . 230,000 2 7 , 5 3. Costs per equivalent unit: D i r e c t Material Conversion Total W o r k i n p r o c e s s , J u n e 1 . . . . . . . . . . . . . . . $ 1 1 , 5 $ 22,375 $132,875 C o s t s i n c u r r e d d u r i n g J u n e . . . . . . . . . . 4 3 , 320,000 7 5 , T o t a l c o s t s t o a c c o u n t f o r . . . . . . . . . . . . . $ 5 4 , 5 $342,375 $ 8 8 2 , 8 7 5 E q u i v a l e n t units. ............................ 230,000 207,500 C o s t s p e r e q u i v a l e n t u n i t . . . . . . . . . . . . . . $ 2 . 3 5 $1.65 $4.00...
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This note was uploaded on 03/28/2012 for the course ACC260 AAAJ0OKG00 taught by Professor Katrenataylor during the Spring '10 term at University of Phoenix.

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