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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 Work in process, June 1 ............................................................................. 40,000 Units started during June ........................................................................... 190,000 Total units to account for ........................................................................... 230,000 Units completed and transferred out during June .................................. 180,000 Work in process, June 30 ........................................................................... 50,000 Total units accounted for ........................................................................... 230,000 2. Equivalent units: Equivalent Units Physical Units Percentage
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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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