Chap004 (dragged) 13 - PROBLEM 4-27 (CONTINUED) 4. Cost of...

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Unformatted text preview: PROBLEM 4-27 (CONTINUED) 4. Cost of goods completed and transferred out during June: number of units total cost per transferred out equivalent unit ........................ 180,000 $4.00 $720,000 .......................... 50,000 $2.35 $117,500 cost per equivalent ...................................... unit of conversion 27,500 $1.65 45,375 Cost remaining in June 30 work-in-process inventory: Direct material: number of cost per equivalent equivalent units of unit of direct material direct material Conversion: number of equivalent units of conversion Total cost of June 30 work in process ........................................................ $162,875 Check: Cost of goods completed and transferred out .............................. Cost of June 30 work-in-process inventory................................... Total costs accounted for ................................................................ $720,000 162,875 $882,875 McGraw-Hill/Irwin 4-14 2005 The McGraw-Hill Companies, Inc. Solutions Manual ...
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