Chapter 4 - Full Student Version

# Ork in process may 31 materials 40 comple te conve

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Unformatted text preview: ion 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 account for. 4,960 4,900 Equivalent Units 72.75 \$ 76.25 Materials Conversion 5. Calculate the cost per equivalent unit. \$ 715,200 4,800 12,200 7,275 160 Total work in process, May 31 Total cost accounted for 4,800 160 5,200 Cost to be accounted for: W ork in process, May 1 Costs added in the Shipping a nd Milling Department 1. Calculate physical units to account for. 4,800 6. Assign the costs to inventories. 100 19,4...
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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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