Table showing computation of equivalent units for Februry

Input units Particulars Output units

30000 Units intoduced processed and completed 40

Units introduced and incomplete 460
30000 500

Computation of Cost per Equivalent units

Particulars Material Cost
Cost put in production $12,000
Total Cost $12,000
Equivalents units ( in units ) 4000
Cost per equivalent units $3

Showing total cost of Working in Progress Showing total cost o

Particulars $ Particulars
Cost of Material (500 * $3) $1,500 Cost of Material (3500 * $3)
Cost of Conversion (300 * $4) $1,200 Cost of Conversion (3500 * $
Total $2,700 Total
of equivalent units for Februry
Material Conversion cost
Output units equivalent equivalent
percent percent
units units
40 100 40 100 40
460 80 368 80 368
500 408 408

nt units
Material Cost Conversion cost
$12,000 $15,200
$12,000 $15,200
4000 3800
$3 $4

Showing total cost of Unit transferred out

Particulars $
Cost of Material (3500 * $3) $10,500
Cost of Conversion (3500 * $4) $14,000
Total $24,500
 Date Particulars
Jan-01 Cash
Radhakrishan Capital Account
(Radhakrishan commenced business with Rs1500000 cash)

3-Jan Bank
Cash
(Transferred Rs 500000 to bank)

5-Jan Purchases
ars Ref. No Debit Credit
$1,500,000
$1,500,000
00000 cash)

$500,000
$500,000
 Cash Flow from Operating Activities
Particulars $
Net Profit 155180
Adjustment of non cash and non operating activities
Add : Interest Expense 4730
Add: Depreciation Expense 46500
Add : Loss on sale of equipment 7500
Adjustment of change In working Capital
Decrease in current assets & Increase in current liabilities
Add : Prepaid expenses (26000 - 18400) 7600
Add : Account payables (93000 - 77300) 15700
Add : Accrued Liabilities (11500 - 7000) 4500
Increase in current assets & Decrease in current liabilities
Less : Account Receivables (157000 - 203800) -46800
Less : Inventories (92850 - 122500) -29650
Net Cash Flow from Operating Activities 165260