Tyndol Fabricators Inc.

Cutting and Forming Department

Cost of Production Report
For November
Quantity Schedule

Materia
ls

Labor

Overhea
d

Beginning Inventory
..
Started in process this period

Quantity
800
3,200
4,000
3,400

Transferred to Assembling
Department
Ending Inventory
.

75%

40%

25%

600
4,000

Cost Charged to Department

Beginning Inventory:

Total
Cost

Materials
..
Labor
.
Factory Overhead

Total cost in beginning inventory

.
Cost added during the current period:
Materials
..
Labor
.
Factory Overhead

Total cost added during the

current period

Total cost charged to department

..
Cost Accounted for as FollowsUnit
s
Transferred to Assembling
Department
Work in Process, Ending
Inventory

3,40
0

Curre
nt
Perce
nt
100%

Equivale
nt Units
*

Unit
Cost

$68,625

3,850

$22.48

14,756

3,640

4.70

29,996

3,550

9.52

$ 17, 923
2,352
3,800
$24,075

$113,377
$137,452

$36.70

Equivale
nt Units

Unit
Cost

3,400

$36.70

Total Cost

$124,7
80

Materials
..
Labor
.
Factory Overhead

Total cost accounted for

*
Equivalent Units Transferred
Out
Equivalent Units in Ending
Inventory

600

75%

450

22.48

10,116

600

40%

240

4.70

1,128

600

25%

150

9.52

1,428
12,672
$137,452

Materials

Labor

3,400

3400

Factory
Overhead
3400

450

240

150

3,850

3,640

3,550
Angela Chan