# List the four steps involving analysis when

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List the four steps involving analysis when accounting for a department's activity, with the first step listed on top. 1. Physical flow 2. Equivalent units 3. Cost per equivalent unit 4. Assignment and reconciliation
A manufacturer has a process where materials are added all at the beginning of the process and conversion costs are added evenly throughout the manufacturing process. If 400 are 30% completed during the period, the EUP for conversion is 120. Department A had a beginning inventory balance of 25 units. During the accounting period, the department started an additional 275 units and had an ending balance of 50 units. 250 units were transferred out.
Department A completed and transferred out 2,100 units and had ending work in process inventory of 120 units. The ending inventory is 10% complete for materials and 70% complete for labor and overhead. The equivalent units of production for labor and overhead is 2184 units. After determining the physical flow of units, the next step in process costing is:
A manufacturing company has 4 processes. All materials are added at the beginning of the first process. Labor and overhead are added evenly throughout the manufacturing process. If 400 units are started, the EUP with respect to materials is after 400 Process 2. A manufacturing department completed and transferred to finished goods a total of 50,000 units. They also had 2,500 units in ending work in process inventory. Of this ending inventory, direct materials were 60% complete and conversion costs were 20% complete. Their cost per EUP for direct materials is \$5.75 and \$1.25 for conversion cost. The cost of units completed this period is \$350,000. Department Y started 675 units during the accounting period. They had a beginning balance in goods in process inventory of 225 units and an ending balance of 150 units. 750 units were completed and transferred out. A company completes 21,000 units this month and has ending work in process inventory of 3,000 units which are estimated to be 40% complete. Total production costs are \$666,000. The cost of ending Work in Process Inventory is \$36,000. Understanding the cost of partially completed goods allows the manufacturer to: