Chapter 4 - Full Student Version

# 25 cost accounted for as follows transferred out

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Unformatted text preview: sferred out during May W ork in process, May 31: Materials Conversion Total work in process, May 31 Total cost accounted for Total Cost Equivalent Units Materials Conversion \$ 715,200 4,800 12,200 7,275 160 19,475 \$ 734,675 4,800 100 All costs accounted for 4-25 Units to be accounted for: W ork in process, May 1 S tarted into production Total units W Z 200 5,000 5,200  4-26 Steps in Process Costing: Equivalent units Ma terials Conversion Units accounted for as follow s: Completed a nd transferred W ork in process, May 31 Materials 40% comple te Conve rsion 25% complete 4,800 400 4,800 Total cost \$ 15,175 \$ 9,600 Cost per equivalent unit 5,575 350,900 \$ 378,200 Total 149.00 Cost \$ Cost accounted for as follows: Transferred out during May W ork in process, May 31: Materials Conversion \$ 368,600 734,675 \$ 2. Calculate physical units accounted for. (Verify that step 2 equals step 1.) 100 4,900 4,960 719,500 Equivalent units \$ 3. Determine EUP (for each cost category) 356,475 4. Determine the total cost to a...
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## This note was uploaded on 04/01/2014 for the course RSM 222 taught by Professor D.cianflone during the Fall '10 term at University of Toronto- Toronto.

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