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# Chapter 6 HW check figures (not including Problem 37, done in class)

Exericse 21.
Total units to account for are 70,000.
Completed units for the period were 50,000 (10,000 from beginning inventory, 40,000 from current pe
Ending WIP was 20,000 units
DM cost per EU =
\$
4.00
Conv. Cost per EU =
\$
6.40
Total cost per EU =
\$
10.40

## Cost of goods transferred out =

548,000
(Beg. Inv. Cost of \$100,000; Finish BI units for \$32,000; cost of units started & completed was \$416,0
Cost of goods in ending WIP Inv. =
112,000
(Materials cost of \$80,000, Conv. Cost of \$32,000)
Reconciliation: Cost of goods transferred out

548,000

## Cost of ending WIP inventory

Total costs accounted for:

112,000
660,000

## Costs to account for: BI MBI DM & Conv. Cost

Current Per. DM
Current Per. Conv.
Total costs to account for:

100,000
240,000
320,000
660,000

Problem 6.34
Physical Units
Beginning Inv.
Started
Total to account for

90,000
135,000
225,000

## Completed: From Beg. Inv:

Completed: From Current Per:
Ending WIP Units
Total units accounted for
Cost per unit

## Cost of units transferred out:

Beginning Inventory Costs
Finish Beg. Inventory
Units Started and Completed this period

## Total costs accounted for

Total costs:

Beg. Inv.

Current
Total to account for

om Beg. Inv:
om Current Per:

unted for

90,000
90,000
45,000
225,000

54,000
90,000
36,000
180,000
\$

nsferred out:
tory Costs

2.90

216,720
156,600
261,000
634,320

104,400

738,720
216,720

522,000
738,720