Problem 3-2 Units Reconciliation Beginning WIP Started during Mar Ending WIP Total Completed Units Total Units

to account for 500 2700 600 2600 3200

Cost Per Eq. Unit Cost Beginning WIP Started during Mar Total

Material Labor Overhead 45000 11000 80000 269080 77800 497200 314080 88800 577200

Units Units Completed Equivalent Units Ending WIP Total Units Cost Per Unit

Material 2600 420 3020 104

Labor

OverHead 2600 2600 360 2960 30 360 2960 195

Cost Reconciliation Cost of Completed Units (2600*329) Cost of Ending WIP Material Cost (420 Eq Units *104) Labor Cost (360 Eq Units * 30) OverHead Cost (360 Eq Units * 195) 855400 43680 10800 70200 124680 980080

Total Cost to be accounted for

Problem 3-10 MIXING Units Reconciliation Beginning WIP Started during Mar Ending WIP Total Completed Units Total Units to account for

2000 40000 1000 41000 42000

58) 94805 1020 427 348 1795 96600 Total Cost to be accounted for SHAPING Units Reconciliation Beginning WIP Started during Mar Ending WIP Total Completed Units Total Units to account for 3000 41000 500 43500 44000 Cost Per Eq. Unit Cost Beginning WIP Started during Mar Total Material 2000 40840 42840 Labor 800 28832 29632 Overhead 960 23168 24128 Units Units Completed Equivalent Units Ending WIP Total Units Cost Per Unit Material Labor OverHead 41000 41000 41000 1000 42000 1.71 600 41600 0.02 600 41600 0.Cost Per Eq.31) Cost of Ending WIP Material Cost (1000 Eq Units *1.71) OverHead Cost (600 Eq Units * 0.02) Labor Cost (600 Eq Units * 0.58 Cost Reconciliation Cost of Completed Units (41000*2. Unit Cost Beginning WIP Started during Mar Total Labor 450 11800 12250 Overhead Tranferred in 290 6360 8022.5 101165 Units Units Completed Labor Overhead Tranferred in 43500 43500 43500 .5 94805 8312.

28 250 43750 0.77) Cost of Ending WIP Labor Cost (250 Eq Units *0.19 500 44000 2.19) Transferred in Cost (500 Eq Units * 2.30) 120460.02 70 48 1149.10 Total Cost to be accounted for 121727 .Equivalent Units Ending WIP Total Units Cost Per Unit 250 43750 0.60 1267.28) Overhead Cost (250 Eq Units * 0.30 Cost Reconciliation Cost of Completed Units (43500*2.

Total 136000 844080 980080 Total 329.00 .

31 Total 7100 114627 121727 Total .Total 3760 92840 96600 Total 2.

77 .2.

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