Quantity Stage of Completion

Started/Received 70,000.00
In Process End ? 40%
Tranferred Out 65,000.00
Case 1: Cost are evenly applied
Case 2: Materials are added at the beginning.
Case 3: Materials are added at the end
Case 1
Actual Materials, Labor & OH
Qty Schedule Units WD EUP
Started/Received 70,000.00

Completed and Transferred 65,000.00 100% 65,000.00

In Process End 5,000.00 40% 2,000.00
Total 70,000.00 67,000.00

Case 2:
Actual Materials Labor and OH
Qty Schedule Units WD EUP WD EUP
Started/Received 70,000.00

Completed and Transferred 65,000.00 100% 65,000.00 100% 65,000.00

In Process End 5,000.00 100% 5,000.00 40% 2,000.00
Total 70,000.00 70,000.00 67,000.00

Case 3:
Actual Materials Labor and OH
Qty Schedule Units WD EUP WD EUP
Started/Received 70,000.00

Completed and Transferred 65,000.00 100% 65,000.00 100% 65,000.00

In Process End 5,000.00 0% - 40% 2,000.00
Total 70,000.00 65,000.00 67,000.00
 Quantity Stage of Completion
In Process Beg 15,000.00 75%
Started/Received 70,000.00
In Process End ? 40%
Tranferred Out 65,000.00
Case 1: Materials are added at the beginning.
Case 2: Materials are added at the end
Case 3: Materials are added 50% at the start, 20% at the middle and 30% at the end of the process.
FIFO - Case 1
Actual Materials Labor and OH
Qty Schedule Units WD EUP WD EUP
In Process Beg 15,000.00 100% 15,000.00 75% 11,250.00 Last Month
Started/Received 70,000.00
Total 85,000.00

Completed and Transferred

In process beg. 15,000.00 0% - 25% 3,750.00
Started/Received 50,000.00 100% 50,000.00 100% 50,000.00
In Process End 20,000.00 100% 20,000.00 40% 8,000.00 Current Month
Total - FIFO 85,000.00 70,000.00 61,750.00
Total WA 85,000.00 73,000.00
WA - Case 1
Actual Materials Labor and OH
Qty Schedule Units WD EUP WD EUP
In Process Beg 15,000.00
Started/Received 70,000.00
Total 85,000.00

Completed and Transferred 65,000.00 100% 65,000.00 100% 65,000.00

In Process End 20,000.00 100% 20,000.00 40% 8,000.00
Total 85,000.00 85,000.00 73,000.00

FIFO - Case 2
Actual Materials Labor and OH
Qty Schedule Units WD EUP WD EUP
In Process Beg 15,000.00 0% - 75% 11,250.00 Last Month
Started/Received 70,000.00
Total 85,000.00

Completed and Transferred

In process beg. 15,000.00 100% 15,000.00 25% 3,750.00
Started/Received 50,000.00 100% 50,000.00 100% 50,000.00
In Process End 20,000.00 0% - 40% 8,000.00 Current Month
Total 85,000.00 65,000.00 61,750.00
Total WA 65,000.00 73,000.00

FIFO - Case 3
Actual Materials Labor and OH
Qty Schedule
 Qty Schedule Units WD EUP WD EUP
In Process Beg 15,000.00 70% 10,500.00 75% 11,250.00 Last Month
Started/Received 70,000.00
Total 85,000.00

Completed and Transferred

In process beg. 15,000.00 30% 4,500.00 25% 3,750.00
Started/Received 50,000.00 100% 50,000.00 100% 50,000.00 Current Month
In Process End 20,000.00 50% 10,000.00 40% 8,000.00
Total - FIFO 85,000.00 64,500.00 61,750.00
Total WA 75,000.00 73,000.00
Last Month

Current Month

Last Month

Current Month
Last Month

Current Month
 Department 1 Department 2
Quantity % of Compl'n Quantity % of Compl'n
In Process Beginning 15,000.00 60% 13,000.00 35%
Completed ? 97,000.00
In Process End 5,000.00 45% 6,000.00 85%
Started/Received ? ?
The company applies material at the start 50%, and the remaining 50% is added at the end.

DEPARTMENT 1
Actual Materials Labor and Overhead
Quantity Schedule Quantity WD EUP WD EUP
In Process Beg 15,000.00 50% 7,500.00 60% 9,000.00
Started/Received 80,000.00
Total 95,000.00

Completed
In Process Beg 15,000.00 50% 7,500.00 40% 6,000.00
Started 75,000.00 100% 75,000.00 100% 75,000.00
In Process End 5,000.00 50% 2,500.00 45% 2,250.00
TOTAL - FIFO 95,000.00 85,000.00 83,250.00
Total - WA 92,500.00 92,250.00
DEPARTMENT 2
Actual Materials Labor and Overhead
Quantity Schedule Quantity WD EUP WD EUP
In Process Beg 13,000.00 50.00% 6,500.00 35.00% 4,550.00
Started/Received 90,000.00
Total 103,000.00

Completed
In Process Beg 13,000.00 50.00% 6,500.00 65.00% 8,450.00
Received 84,000.00 100.00% 84,000.00 100.00% 84,000.00
In Process end 6,000.00 50.00% 3,000.00 85.00% 5,100.00
TOTAL - FIFO 103,000.00 93,500.00 97,550.00
Total - WA 100,000.00 102,100.00

Department 1 Department 2
Quantity % of Compl'n Quantity % of Compl'n
In Process Beginning 15,000.00 60% 13,000.00 35%
Completed ? 97,000.00
In Process End 5,000.00 45% 6,000.00 85%
Started/Received ? ?
The company applies material at the start 50%, and the remaining 50% is added evenly all throughout the
process.

DEPARTMENT 1
Materials Labor and Overhead
Quantity Schedule WD EUP WD EUP
In Process Beg 80.0% 12,000.00 60.00% 9,000.00
Started/Received
Total

Completed
In Process Beg 20.00% 3,000.00 40.00% 6,000.00
Started 100.00% 75,000.00 100.00% 75,000.00
In Process End 72.50% 3,625.00 45.00% 2,250.00
TOTAL - FIFO 81,625.00 83,250.00

DEPARTMENT 2
Materials Labor and Overhead
Quantity Schedule WD EUP WD EUP
In Process Beg 67.50% 8,775.00 35.00% 4,550.00
Started/Received
Total

Completed
In Process Beg 32.50% 4,225.00 65.00% 8,450.00
Started 100.00% 84,000.00 100.00% 84,000.00
In Process end 92.50% 5,550.00 85.00% 5,100.00
TOTAL - FIFO 93,775.00 97,550.00

Computation of actual units Dept 1 Dept 2

In Process Beg 15,000.00 13,000.00
Started/Received 80,000.00 90,000.00
Total 95,000.00 103,000.00

Completed
In Process Beg 15,000.00 13,000.00
Started 75,000.00 84,000.00
In Process end 5,000.00 6,000.00
Total 95,000.00 103,000.00
 5 5 5 5 5 5 5 5 5 5
50%
50%
 100%
IP beg
50%

30%
80%
10 10 10 10 10 10 10 10 10 10
IP end
50%

22.50%
 Actual Materials Labor
Qty. Schedule
Units WD EUP WD EUP
In Process Beginning 2,000.00 30% 600.00 25% 500.00
Started this period 14,000.00
Total 16,000.00
Completed and Transferred
In process Beginning 2,000.00 70% 1,400.00 75% 1,500.00
Started this period 12,500.00 12,500.00 12,500.00
In process End 1,500.00 60% 900.00 50% 750.00
16,000.00 14,800.00 14,750.00

Materials is added 30% at the start, plus 30% when 50% complete as to labor and the rem
40% is added only when the products are 90% complete as to labor.
 Overhead
WD EUP
55% 1,100.00

45% 900.00
12,500.00
20% 300.00
13,700.00

o labor and the remaining