Cost Acctg Chapter-13

1
CHAPTER 13
Answers to Multiple Choices – Theoretical
1. b 6. b
2. a 7. d
3. c 8. b
4. b 9. a
5. a 10. c
Solutions to Multiple Choices – Computational
1. (d)
Transferred Out to next department (100%) 55,000

Normal lost units (100%) 15,000
Ending work in process (100%) 35,000
EUP – Materials 105,000
2. (a)
Transferred Out:
From BWIP: (30,000 x 40%) 12,000
From SIP: (55,000 – 30,000) 100% 25,000 37,000
Normal lost units (100%) 15,000
Ending work in process: (35,000 x 50%) 17,500
EUP – Conversion cost 69,500
3. (b)
Transferred Out:
From BWIP: (5,000 x 40%) 2,000
From TI: (12,000 – 5,000) 7,000 9,000
Normal lost units (2,000 x 75%) 1,500
EUP – Conversion costs 12,900
4. (a)
Transferred Out 12,000

Normal lost units 1,500
Ending work in process 2,400
5. (c)
Transferred In cost: (620 x P12.50) P 4,960.00

Cost added this department:
Materials: (620 x P8) 3,836.25
Conversion costs: (279 x P13.75) 7,750.00
Cost of lost units P16,546.25
2
6. (c)
Cost of normal lost units: (P32,850 x 800/1,200) P21,900
Allocated to Ending Work in Process: (P21,900 x 4,800/16,800) P6,257.14
7. (c)
EUP Actual Units Materials Conversion

Transferred Out 7,000 7,000 7,000
Ending work in process 2,000 2,000 1,000
Normal spoiled units 1,000 1,000 1,000
EUP 10,000 9,000
Unit costs:
Materials: (P30,000 / 10,000) P3.00
Conversion costs: (P45,000 / 9,000) 5.00
Total unit costs P8.00
Cost of units transferred out: (7,000 x P8) P56,000
8. (c)
Transferred Out to next department (100%) 85,000

Ending work in process (100%) 45,000
Normal lost units (10,000 x 100%) 10,000
9. (b)
Transferred Out to finished goods (100%) 33,000

Abnormal lost units: (2,000 x 100%) 2,000
10. (a)
Completed and transferred out 72,000

11. (b)
Materials in BWIP P 68,000

Materials added during month 100,000
Total P168,000
Divided by EUP ÷ 80,000
Unit material cost P 2.10
3
12. (a)
Transferred Out to next department 9,600

Ending work in process (200 x 40%) 80
Lost units: (600 x 100%) 600
EUP – Labor 10,280
13. (a)
Labor cost in BWIP P 15,000

Labor cost incurred during the month 365,360
Total labor costs P380,360
Unit labor cost P 37
14. (a)
Transferred Out to next department:

From BWIP: (400 x 50%) 200
From SIP: (9,600 – 400) 9,200 9,400
Ending work in process: (200 x 40%) 80
Lost units 600
EUP – Labor 10,080
15. (a)
Beginning WIP 3,000

Transferred In 15,000
Units to account for 18,000
Transferred Out (17,250)
Ending WIP ( 450)
Lost units 300
16. (a)
Beginning WIP 3,000

EUP-TI costs 18,000
17. (a)
TI costs last month in BWIP P 90,000

TI costs – current month 450,000
Total 540,000
Unit TI costs P 30
18. (a)
Beginning WIP 100

Transferred In this month 4,800
Lost units ( 95)
EUP – TI costs 4,805
4
19. (a)
TI costs last month in BWIP P 19,350

TI costs- current month 124,800
Total P144,150
Unit transferred in costs P 30
20. (a)
205 units x P30 = P6,150
21. (b)
Equivalent Units of Production – Materials:

Completed and transferred out 10,000
Ending WIP (100%) 2,975
Abnormal lost units (100%) 25
Unit material costs: (P60,000 + P304,000) ÷ 13,000 P 28
22. (a)
25 units x P28 = P700
23. (a)
Beginning WIP 500

Units added 5,000
EUP 16,500
Or:
Transferred Out (100%) 15,500

Ending WIP (100%) 1,000
EUP – TI costs 16,500
24. (b)
Transferred In costs – BWIP P 33,000

Transferred In costs – Current month 165,000
Total TI costs P198,000
Unit TI costs P 12
25. (c)
1,000 units x P12 = P12,000

5
26. (c)

From BWIP: (500 x 0%) -0-
From TI: (2,200 – 500) 1,700 1,700
Ending WIP: (250 x 100%) 250
Normal lost units: (50 x 100%) 50
27. (c)
Materials added during the month P153,000

Unit material cost P 76.50
28. (a)
250 units x P76.50 = P19,125
29. (a)
Equivalent Units of Production Units Materials Conversion

Completed and transferred out 9,000 9,000 9,000
Ending WIP 2,000 2,000 600
Normal lost units 100 100 100
Abnormal lost units 50 50 50
EUP 11,150 9,750
Unit Costs:
Materials: (P14,230 + P121,180) ÷ 11,150 P12.1444
Conversion costs: (P11,100 + P277,500) ÷ 9,750 29.60
Total unit cost P41.7444
30. (d)
9,000 units x P41.7444 = P375,700
31. (c)
Materials: (2,000 x P12.1444) P24,289

Conversion costs: (600 x P29.60) 17,760
Costs of EWIP P42,049
32. (a)
50 units x P41.7444 = P2,087
33. (a)
Equivalent Units of Production:

Materials:
Completed and transferred out:
From BWIP: (1,000 x 0%) -0-
From SIP: (9,000 - 1,000) 8,000 8,000
6
Ending WIP: (2,000 x 100%) 2,000

Abnormal lost units: (50 x 100) 50
EUP 10,150
Conversion Costs:
From BWIP: (1,000 x 50%) 500
From SIP 8,000 8,500
Ending WIP: (2,000 x 30%) 600
Normal lost units 100
Abnormal lost units 50
EUP 9,250
34. (a)
Materials: (P121,180 / 10,150) P11.94

Total unit cost P41.94
35. (b)
Completed BWIP:
Cost last month P 14,230
Cost added this month: Conversion costs: (500 x P30) 15,000
Total costs of completed BWIP 29,230
Completed SIP: (8,000 x P41.94) 3 35,520
Cost of normal lost units: (100 x P41.94) 4,194
Total costs of units completed and transferred out P368,944
36. (a)
Materials: (2,000 x P11.94) P23,880

Conversion costs: (600 x P30) 18,000
Costs of EWIP P41,880
37. (a)
50 units x P41.94 = P2,097
38. (a)
Materials:
Transferred Out:
From BWIP: (7,500 x P0%) -0-
From SIP: (72,500 – 7,500) 100% 65,000 65,000
Ending WIP: (13,000 x 100%) 13,000
Normal lost units: (1,100 x 100%) 1,100
Abnormal lost units: (900 x 100%) 900
Conversion costs:
Transferred Out:
7
From BWIP: (7,500 x 60%) 4,500

From SIP 65,000 69,500
Ending WIP: (13,000 x 70%) 9,100
Normal lost units: (1,100 x 75%) 825
EUP – CC 80,100
39. (b)
Unit costs:
Materials: (P120,000 / 80,000) P1.50
Assignment of Costs:
From BWIP: Cost last month P 24,200
Cost added this month – CC: (4,500 x P4) 18,000
Total costs of completed BWIP 42,200
From SIP: (65,000 x P5.50) 357,500
Total cost of units completed 399,700
Cost of normal lost units:
Materials: (1,100 x P1.50) P1,650
Conversion costs: (825 x P4) 3,300 4,950
Total costs of completed units after adjustment for lost units P404,650
Ending WIP
Materials: (13,000 x P1.50) P19,500
Conversion costs: (9,100 x P4) 36,400
Total costs of EWIP P55,900
40. (a)
Materials: (900 x P150) P 1,350

Conversion costs: (675 x P4) 2,700
Cost of abnormal lost units P 4,050
41. (a)
Equivalent Units of production Units Materials Conversion

Transferred Out 72,500 72,500 72,500
Ending WIP 13,000 13,000 9,100
Normal lost units 1,100 1,100 825
Abnormal lost units 900 900 675
EUP 87,500 83,100
42. (c)
Unit costs:
Materials: (P10,400 + P120,000) = P130,000/ 87,500 P1.49029
Conversion costs: (P13,800 = P320,400) = P334,200 / 83,100 4.02166
8
Assignment of Costs:
Transferred Out: (72,500 x P5.51195) P399,616
Materials: (1,100 x P1.49029) P1,639
Conversion costs: (825 x P4.02166) 3,318 4,957
Total costs of units transferred out P404,573
Ending WIP:
Materials: (13,000 x P1.49029) P19,374
Conversion costs: (9,100 x P4.02166) 36,597
Cost of EWIP P55,971
43. (b)
Materials: (900 x P1.49029) P 1,341

Conversion costs: (675 x P4.02166) 2,715
Cost of abnormal lost units P 4,056
44. (a)
Equivalent Units of Production Units DM CC

Completed 50,000 50,000 50,000
Ending WIP 20,000 20,000 19,000
Normal spoilage (70,000 x 10%) 7,000 0 5,600
Abnormal spoilage 3,000 0 2,400
EUP 70,000 77,000
45. (a)
Unit costs:
Transferred In costs: (82,900 + 647,500) ÷ 80,000 P 9.13
Materials: (P0 + P655,200) ÷ 70,000 9.36
Conversion cost: (P42,000 + P1,251,600) ÷ 77,000 16.80

Transferred In costs: (7,000 x P9.13) P 63,910
Cost of normal lost units P157,990
46. (d)

Completed and transferred out: (50,000 x P35.29) P1,764,500
Cost of normal lost units: (P157,990 x 50/70) 112,850
Adjusted cost of units completed and transferred out P1,877,350
47. (a)
Ending work in process:

Transferred In costs: (20,000 x P9.13) P182,600
9
Cost added:
Materials: (20,000 x P9.36) P187,200
Conversion costs: (19,000 x P16.80) 319,200 506,400
Cost of normal lost units: (P157,990 x 20/70) 45,140
Cost of EWIP P734,140
48. (a)
Transferred In costs: (3,000 x P9.13) P27,390

Cost added:
Cost of abnormal lost units P67,710
Solutions to Problems
Problem 13-1
1. Assembly Department
Equivalent Units of Production
Month of May 1010
Materials:
Ending work in process: (100%) 810
Lost units 350
EUP 6,100
Labor:
Lost units 350
EUP 5,776
Overhead:
Lost units 350
EUP 5,938
Cost of Production Report
Month of May 2010
Quantity Schedule Units

Beginning WIP 200
Started in process 5,900
Total to account for 6,100
10

Ending WIP 810
Lost units 350
Total accounted for 6,100
Cost Schedule Total Costs EUP Unit Costs

Materials: Beginning WIP P 37,498 = 200
Current month 847,002 = 5,900
Total materials 884,500 ÷ 6,100 = P145.00
Labor: Beginning WIP 8,268
Current month 173,676
Total labor 181,944 ÷ 5,776 = 31.50
Overhead: Beginning WIP 22,764
Total overhead 433,474 ÷ 5,938 = 73.00
Total costs to account for P1,499,918 P249.50
Costs accounted for:

Completed P1,232,530 = 4,940 x P249.50
Cost of lost units 87,325 = 350 x 249.50
Costs of units transferred out 1,319,855
Ending WIP:
Materials 117,450 = 810 x 145.00
Labor 15,309 = 486 x 31.50
Overhead 47,304 = 648 x 73.00
Total EWIP 180,063
Total costs accounted for P1,499,918
Problem 13-2
1. Mixing Department
Equivalent Units of Production – Average
Month of June 2010
Transferred In Costs:
Beginning work in process 500
Transferred In from prior department 14,300
EUP 14,800
Materials:
Transferred Out to finished goods 13,600
EUP 14,800
Conversion costs:
EUP 14,575
11
Month of June 2010


Ending work in process 900

Transferred In costs:
Beginning WIP P 43,540 = 500
Current month 752,404 = 14,300
Total Transferred In costs 795,944 ÷ 14,800 = P 53.78
Cost in this department:
Materials: BWIP 37,620
Total materials 518,000 ÷ 14,800 = 35.00
CC: BWIP 78,350
Current month 1,350,000
Total CC 1,428,350 ÷ 14,575 = 98.00
Total costs this department 1,946,350
Costs Accounted For:

Transferred Out to finished goods:
Completed P2,540,208 = 13,600 x P186.78
Normal lost units 56,034 = 300 x 186.78
Total costs 2,596,242
Transferred In costs 48,402 = 900 x 53.78
Cost this department:
Materials 31,500 = 900 x 35.00
Conversion costs 66,150 = 675 x 98.00
Total EWIP 146,052
Problem 13-3
1. Finishing Department
Month of July 2010
EUP 5,800
12
Materials:
EUP 5,710
Conversion costs:
Ending work in process: (450 x 331/3%) 150
EUP 5,500
Month of July 2010

Accounted for as follows:


Beginning WIP P 24,200
Total TI costs 226,200 ÷ 5,800 = P39.00
Cost this department:
Materials: Beginning WIP 12,200
Total materials 134,185 ÷ 5,710 = 23.50
CC: Beginning WIP 6,720
Total CC 158,400 ÷ 5,500 = 28.80
Total cost in this department P292,585
Total costs to account for P518,785 P91.30

Completed P474,760 = 5,200 x P91.30
Cost of normal lost units 13,695 = 150 x 91.30
Total costs of TO 488,455
Transferred in costs 17,550 = 450 x 39.00
Cost in this department:
Materials 8,460 = 360 x 23.50
Total EWIP 30,330
Total accounted for P518,785
13
Problem 13-4
Month of April 2010
Beginning work in process 1,000
Normal lost units ( 200)
EUP 37,600
Materials:
EUP 37,600
Conversion Costs:
EUP 36,400
Month of April 2010



Total TI costs 680,560 ÷ 37,600 = P18.10
Costs added in this department:
Total materials 526,400 ÷ 37,600 = 14.00
CC: BWIP 13,680
Total CC 953,680 ÷ 36,400 = 26.20
Total costs this department 1,480,080
14
Costs accounted for as follows:

Transferred Out to finished goods P2,011,350 = 34,500 x P58.30
Transferred In costs 54,300 = 3,000 x 18.10
Materials 42,000 = 3,000 x 14.00
Conversion costs 47,160 = 1,800 x 26.20
Total EWIP 143,460
Abnormal lost units:
Materials 1,400 = 100 x 14.00
Total abnormal lost units 5,830
3. Finished goods 2,011,350

Loss from abnormal spoilage 5,830
Work in process 2,017,180
To record costs transferred to finished goods
and abnormal spoilage.
Problem 13-5
Month of March 2010
EUP 3,000
Materials and Overhead:

EUP 2,980
Labor:
EUP 2,970
Month of March 2010

Increase in units 300
15
Accounted for as follows:


Current Month 214,200
Total TI costs 225,000 ÷ 3,000 = P 75.00
Cost added in this department:
Total materials 83,142 ÷ 2,980 = 27.90
Labor: BWIP 2,013
Total labor 68,013 ÷ 2,970 = 22.90
Overhead: BWIP 1,812
Total overhead 57,812 ÷ 2,980 = 19.40
Total costs in this department P208,967

Transferred Out to next department P421,080 = 2,900 x P145.20
Materials 2,232 = 80 x 27.90
Labor 1,603 = 70 x 22.90
Overhead 1,552 = 80 x 19.40
Total EWIP 12,887
Problem 13-6
Month of April 2010
Transferred In – Current month 30,000
Adjustment for lost units ( 380)
EUP 29,620
Materials:
Transferred Out to the next department:
From BWIP: (2,000 x 0%) 0
From SIP: (30,720 – 2,000) 28,270 28,270
EUP 29,620
16
Conversion Costs:
Transferred Out to the next department:
From BWIP: (2,000 x 40%) 800
From SIP 28,270 29,070
EUP 30,150
Month of April 1010

Accounted for:
From BWIP 2,000
From SIP 28,270 30,270
Lost units in production 380

Costs in current month:
Transferred in costs 1,295,875 ÷ 29,620 = P43.75
Costs added in this department:
Materials 226,593 ÷ 29,620 = 7.65
Conversion costs 1,026,306 ÷ 30,150 = 34.04
Total costs added 1,252,899 41.69
Total costs in current month 2,548,774 P85.44
Total costs to account for P2,688,142

From BWIP:
Cost added this month:
Materials 0
Conversion costs 27,232 = 800 x P34.04
Total from BWIP 166,600
From SIP 2,415,389 = 28,270 x 85.44
Total costs of units TO 2,581,989
Transferred in costs 59,063 = 1,350 x 43.75
Materials 10,327 = 1,350 x 7.65
Total EWIP 106,153
17
Problem 13-7
1. Total Equivalent Units of Production:
Direct Conversion
Materials Costs
Cost added in March P1,480,000 P942,000
Divided by cost per equivalent unit ÷ P20 ÷ P12
Equivalent units of work done in March 74,000 78,500
2. Equivalent Units of Production of Actual Units:
Direct Conversion
Materials Costs
Total equivalent units of production (no. 1) 74,000 78,500
Less: the following
Completed from BWIP 0 7,500 (75%)
Completed from SIP: (61,000 - 10,000) 51,000 51,000
Normal spoilage: (61,000 x 11%) 6,710 6,710
Abnormal spoilage: (8,000 – 6,710) 1,290 1,290
Total 59,000 66,500
EUP of ending work in process 15,000 12,000
Divided by actual units of EWIP ÷ 15,000 ÷ 15,000
3. Percentage of completion of EWIP 100% 80%
4. Cooking Department
For the Month of March 2010

Beginning WIP 10,000
Started in Process 74,000

From BWIP 10,000
From SIP 51,000 61,000
Ending WIP 15,000
Normal spoilage 6,710
Abnormal spoilage 1,290

Costs added in current month:
Direct materials 1,480,000 ÷ 74,000 = P20
Conversion costs 942,000 ÷ 78,500 = 12
Total costs to account for P2,672,000 P32

Completed and transferred Out:
18
From BWIP:
Direct materials 0
Conversion costs 90,000 = 7,500 x P12
Total BWIP 340,000
From SIP 1,632,000 = 51,000 x 32
Normal spoilage 214,720 = 6,710 x 32
Total cost of units transferred out 2,186,720

Direct materials 300,000 = 15,000 x 20
Conversion costs 144,000 = 12,000 x 12
Total EWIP 444,000
Problem 13-8
Department B
Month of January 2010
Actual Equivalent Units

Quantity Schedule Units Materials Conversion
Received from Department A 12,000
Transferred Out to finished goods 9,000 9,000 9.000

Ending work in process 2,000 0 1,400
Normal spoilage (9,000 x 5%) 450 0 405
Abnormal spoilage 550 0 495
Total accounted for 12,000 9,000 11,300

Transferred In costs P 84,000 ÷ 12,000 = P 7.00
Materials 18,000 ÷ 9,000 = 2.00
Conversion costs 45,200 ÷ 11,300 = 4.00
Cost accounted for as follows:

Transferred Out to finished goods:
Completed P117,000 = 9.000 x P13.00
Normal spoilage:
Costs added this dept.:
Materials 0
Total costs 4,770
Total costs Transferred Out 121,770
Transferred In costs 14,000 = 2,000 x 7.00
Cost added:
Materials 0
19
Total EWIP 19.600

Abnormal spoilage:
Cost added:
Materials 0
Total abnormal spoilage 5,830
Problem 13-9
Assembly Department
Month of April 20010
Actual Equivalent Units of Production
Quantity Schedule Units Material A Material B Conversion
Transferred Out to FG 7,000 7,000 7,000 7,000

Ending work in process 2,000 2,000 2,000 1,900
Normal spoilage (7,000 x 5%) 350 350 0 315
Abnormal spoilage 650 650 0 585
Total accounted for 10,000 10,000 9,000 9,800
Costs Schedule Total costs EUP Unit Costs

Material A P 13,500 ÷ 10,000 = P 1.35
Material B 4,500 ÷ 9,000 = 0.50

Transferred Out to FG:
Completed P 73,150 = 7,000 x P10.45
Normal spoilage:
Material A 473 = 350 x 1.35
Material B 0
Costs of normal spoilage 3,182
Total costs transferred out 76,332
Material A 2,700 = 2.000 x 1.35
Material B 1,000 = 2,000 x .50
Total EWIP 20,040
Abnormal spoilage:
Material A 877 = 650 x 1.35
Material B 0
Total abnormal spoilage 5,908
20
Problem 13-10
a. Beginning WIP 3,000

Units to account for 48,000
Transferred Out 40,000

Ending WIP 4,000
Bikes lost 4,000
Units accounted for 48,000
1. Therefore:
Bikes passing through Assembly 48,000
Less bikes in ending WIP (have not reached the inspection
Point so there is no way to determine acceptability) (4,000)
Bikes reaching the inspection point 44,000
Normal defective rate x 5%
Normal number of spoilage 2,200
2. Total bikes lost 4,000

Normal spoilage (2,200)
Abnormal spoilage 1,800
b. Units Trans. In Material Conversion

Transferred Out 40,000 40,000 40,000 40,000
Ending WIP 4,000 4,000 2,000 800
Normal spoilage 2,200 2,200 2,200 2,200
Abnormal spoilage 1,800 1,800 1,800 1,800
EUP 48,000 48,000 46,000 44,800
c. Total Trans. In Material Conversion

Beginning WIP P 102,790 P 82,200 P 6,660 P 13,930
Current costs 1,576,070 1,237,800 96,840 241,430
Total cost P1,678,860 P1,320,000 P103,500 P255,360
Divided by EUP ÷ 48,000 ÷ 46,000 ÷ 44,800
Cost per EUP P 35.45 P 27.50 P 2.25 P 5.70
d. 1. Normal damaged units: (2,200 x P35.45) P 77,990

2. Abnormal damaged units: (1,800 x P35.45) P 63,810
3. Good units completed: (40,000 x P35.45) P1,418,000
4. Ending WIP:
Transferred In: (4,000 x P27.50) P 110,000
Cost added:
Material: (2,000 x P2.25) 4,500
Conversion: (800 x P5.70) 4,560
Total EWIP P 119,060
e. Cost of good bikes P1,418,000

Cost of Normal spoilage 77,990
Total costs of transferred out to the Packing Department P1,495,990
Average unit cost: (P1,495,990 / 40,000) P 37.40

21
Problem 13-11
1. Equivalent Units of Production
Cleaning Department:
Materials:
From BWIP: (1,000 x 0%) 0
From SIP: (7,400 – 1,000) 6,400 6,400
Ending WIP: (1,600 x 100%) 1,600
EUP 9,000
Conversion Costs:
From BWIP: (1,000 x 20%) 200
From SIP 6,400 6,600
Ending WIP: (1,600 x 25%) 400
EUP 8,000
Milling Department:
Materials:
From BWIP: (3,000 x 100%) 3,000
From SIP: (6,000 – 3,000) 3,000 6,000
Ending WIP: (4,000 x 0%) 0
EUP 6,400
Conversion Costs:
From BWIP; (3,000 x 20%) 600
From SIP 3,000 3,600
Ending WIP: (4,000 x 25%) 1,000
EUP 5,000
2. Cleaning Department
Month of May 1010

Beginning WIP 1,000
Competed and transferred out:

From BWIP 1,000
From SIP 6,400 7,400
22
Ending WIP (Squeeze) 1,600


Current month:
Materials 90,000 ÷ 9,000 = P10.00

From BWIP:
Cost last month (BWIP) P 18,000
Materials 0
Conversion cost 2,000 = 200 x P10.00
Total BWIP 20,000
From SIP 128,000 = 6,400 x 20.00
Total costs of completed units 148,000
Total costs of units transferred out 162,800
Ending WIP:
Materials 16,000 = 1,600 x 10.00
Conversion cost 4,000 = 400 x 10.00
Total EWIP 20.000
Abnormal lost units 5,200 = 260 x 20.00
Milling Department
Month of May 2010

Beginning WIP 3,000

From BWIP 3,000
From TI 3,000 6,000
Ending WIP (Squeeze) 4,000
Cost Schedule Total Costs EUP Total Costs

Transferred In costs 162,800 ÷ 7,400 = P22.00
Materials 6,400 ÷ 6,400 = 1.00
23
Cost accounted for:

From BWIP:
Materials 3,000 = 3,000 x P 1.00
Total BWIP 97,940
From TI 98,700 = 3,000 x 32.90
Total costs of completed units 196,640
Total costs of units transferred out 206,510
Ending WIP:
Transferred in costs 88,000 = 4,000 x 22.00
Cost added:
Materials 0
Total EWIP 97,900
Abnormal lost units 3,290 = 100 x 32.90

Cost Acctg Chapter-13

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Cost Acctg Chapter-13

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1

Answers to Multiple Choices – Theoretical

Solutions to Multiple Choices – Computational

Transferred Out to next department (100%) 55,000

Transferred Out 12,000

Transferred In cost: (620 x P12.50) P 4,960.00

Cost of normal lost units: (P32,850 x 800/1,200) P21,900

Allocated to Ending Work in Process: (P21,900 x 4,800/16,800) P6,257.14

EUP Actual Units Materials Conversion

Cost of units transferred out: (7,000 x P8) P56,000

Transferred Out to next department (100%) 85,000

Transferred Out to finished goods (100%) 33,000

Completed and transferred out 72,000

Materials in BWIP P 68,000

Transferred Out to next department 9,600

Labor cost in BWIP P 15,000

Transferred Out to next department:

Beginning WIP 3,000

Beginning WIP 3,000

TI costs last month in BWIP P 90,000

Beginning WIP 100

TI costs last month in BWIP P 19,350

205 units x P30 = P6,150

Equivalent Units of Production – Materials:

Unit material costs: (P60,000 + P304,000) ÷ 13,000 P 28

25 units x P28 = P700

Beginning WIP 500

Transferred Out (100%) 15,500

Transferred In costs – BWIP P 33,000

1,000 units x P12 = P12,000

Transferred Out to next department:

Materials added during the month P153,000

250 units x P76.50 = P19,125

Equivalent Units of Production Units Materials Conversion

9,000 units x P41.7444 = P375,700

Materials: (2,000 x P12.1444) P24,289

50 units x P41.7444 = P2,087

Equivalent Units of Production:

Ending WIP: (2,000 x 100%) 2,000

Materials: (P121,180 / 10,150) P11.94

Materials: (2,000 x P11.94) P23,880

50 units x P41.94 = P2,097

From BWIP: (7,500 x 60%) 4,500

Materials: (900 x P150) P 1,350

Equivalent Units of production Units Materials Conversion

Materials: (900 x P1.49029) P 1,341

Equivalent Units of Production Units DM CC

Cost of normal lost units:

Completed and transferred out:

Ending work in process:

Transferred In costs: (3,000 x P9.13) P27,390

Quantity Schedule Units

Transferred Out to next department 4,940

Cost Schedule Total Costs EUP Unit Costs

Costs accounted for:

Quantity Schedule Units

Transferred Out to finished goods 13,600

Cost Schedule Total Costs EUP Unit Costs

Costs Accounted For:

Quantity Schedule Units

Accounted for as follows:

Cost Schedule Total Costs EUP Unit Costs

Costs accounted for:

Quantity Schedule Units