Physical Units

Materials
Beginning Inventory 0 0
Started during the period 12000
To account for 12000

Completed and Transferred Out 9000 9000

Ending Inventory for (Equivalent
Units accounted 2000 2000
units) 11000
normal spoilage 450
abnormal spoliage 550
Accounted for 11000
%Ending Inventory complete 100%

Cost per equivalent unit

Beginning Inventory Costs 84000
Costs added 18000
Total costs to date 102,000.00
Equivalent units 11,000.00
Cost per equivalent unit 9.27

Assignment of costs
Completed and transferred out 83,454.55
Ending Inventory 18,545.45
Total Manufacturing = labour + materials +
686= X + 326 +

360
Conversion

QUANTITY SHEDULE
Units received
Units transferred

9000 Units still in process

1900 Units loss (normal spoilage)
10900 Units loss (abnormal spoilage

95%
Cost charged to department
Total Cost from previous dept
84000 84000
45200 63,200.00 Material
129,200.00 147,200.00 Conversion cost
10,900.00 Total cost by this department
11.85 Total cost to be accounted

Total Cost accounted for as follows

106,678.90 190,133.44 Cost of units transferred
22,521.10 41,066.56 Cost of normal loss material
231,200.00 Cost of normal loss conversion
cost of abnormal loss
cost of abnormal loss conversion

WIP ending

From previous department

Conversion cost

Total cost to be accounted

Equivalent production
Material
Conversion

Cost of normal loss

Previous department

By this department
Conversion cost

total

Cost of abnormal loss

Previous department

By this department
Conversion cost

total
 Units Units
4,000
3,000
Material conversion
100% 60% 500
10% 400
100
4000 4000

24,000 6
7,400 0.30833333
tment 31,400 6.30833333
nted 31400 6.30833333

ollows
18925
terial 0.30833333 2400
123.333333
600
30.8333333

3,000
92.5
3,093
ted 25,172

Computations
24000
3550

74

74

18.5 Unit Cost

Material
18.5 Conversion
Flow of production
Physical Units Equivalent Units
Transferred In Materials
Beginning Inventory 1
Started during the period 1
To account for 2

Completed and Transferred Out 1

Ending Inventory 1
Units accounted for (Equivalent
units) 2

%Beginning Inventory complete 100% 100%

%Ending Inventory complete 100% 100%

Work done this period

Completing beginning inventory 0 0
Started and Completed 0 0
Ending inventory 1 1
Total 1 1

Cost per equivalent unit

Beginning Inventory Costs - -
Costs added - -

Equivalent units 1.00 1.00

Cost per equivalent unit - -

Assignment of costs
Completed and transferred out
Beginning Inventory - -
Cost to complete - -
Started and completed - -
- -

Ending Inventory - -
alent Units
Conversion

100%
100%

0
0
1
1

Total
- -
- -
-
1.00
-

Total

- -
- -
- -
- -

- -
-