Q-Andrews Company uses the process cost system.

The followingdata, taken from the

organization’s books, reflect the results ofmanufacturing operations during the month

ANDREW'S COMPANY
COST OF PRODUCTION REPORT (1 DEPARTMENT)
OCTOBER
QUANTITY SCHEDULE UNITS
OPENING WIP 2000
units in production 14000
units completed and transfered 13000
total units 15000

COST SCHEDULE TOTAL COST EP UNIT COST

cost added TC/EP
IN PROCESS 2600 14000 0.9
MATERIAL 10000
IN PROCESS 2300 14000 0.7
LABOUR 7500
 IN PROCESS 1000 14000 0.5
FOH 6000 2.1
per unit cost 29400

cost accounted for as follows TOTAL COST UNITS UNIT COST

units completed and transferred 27300 13000 2.1
units in process
MATERIAL 900 1000 0.9
LABOUR 700 1000 0.7
FOH 500 1000 0.5
Total Cost 29400
a, taken from the
during the month of October:

EQUILANT PRODUCTION
COMPLETED UNITS+WIP(STAGES OF COMPLETION)
MATERIAL 14000
LABOR 14000
FOH 14000