SW – 1 PROCESS COSTING

1. Glazer, Inc. has the following production data for June:

Transferred out 50,000 units
Ending work in process 5,000 units

The units in work in process are 100% complete for materials and 60% complete for conversion costs.
Materials costs are $4 per unit and conversion costs are $9 per unit.

Instructions

Determine the costs to be assigned to the units transferred out and the units in ending work in process.

2. Tomlinson Company has the following production data for May:

 Beginning work in process, 0 units

 Units started, 62,000
 Ending work in process, 5,000 units that are 100% complete for materials and 60% complete for
conversion costs
 Unit materials cost, $5
 Unit conversion cost, $10

Instructions
Determine the costs to be assigned to the units transferred out and the units in ending work in process.

3. Muffy Painting Company has the following production data for March.

Ending Work in Process

Beginning Units % Complete as to
Month Work in Process Transferred Out Units Conversion Cost
March 3,000 42,000 8,000 75%

Instructions
Compute equivalent units of production for March for both materials and conversion costs. Materials
are entered at the beginning of the process.

4. The Assembly Department of Delta Company began the month of December with beginning work in
process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion
costs. Units transferred out are 10,000 units. Ending work in process contains 5,000 units that are
100% complete as to materials and 60% complete as to conversion costs.

Instructions
Compute the equivalent units of production for materials and conversion costs for the month of
December.
5. Lowman Painting Company has the following production data for March:
 Beginning work in process, 2,000 units
 Units transferred out, 42,000
 Units in ending work in process, 10,000, which are 80% complete for conversion costs
Materials are added only at the beginning of the process.

Instructions
Compute equivalent units of production for both materials and conversion costs.

6. The Finishing Department of Edwards Company has the following production and cost data for July:
a. Transferred out, 4,000 units.
b. Started 2,000 units that are 40% completed at July 31.
c. Materials added, $30,000; conversion costs incurred, $19,200
Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during
the process.

Instructions

(a) Compute the equivalent units of production for materials and conversion costs for the month of
July.
(b) Compute unit costs and prepare a cost reconciliation schedule.