No.

1 Oophno Company

a. Materials 92,000
Accounts Payable 92,000

b. Factory Overhead 26,580

Accounts Payable 26,580

c. Work in Process 65,000

Factory Overhead 15,500
Sales Salaries Expense 8,000
Administrative Salaries Expense 15,000
Accrued Payroll 2,250
Cash 105,750

d. Work in Process 82,500

Factory Overhead 8,340
Materials 90,840

e. Work in Process 47,350

Factory Overhead 47,350

f. Finished Goods 188,000

Work in Process 188,000

g. Accounts Receivable 241,150

Cost of Goods Sold 185,500
Sales 241,150
Finished Goods 185,500

h Cash 208,661.60
Sales Discount 4,258.40
Accounts Receivable 212,920

i. Marketing Expense 18,000

Administrative Expense 12,000
Accounts Payable 30,000

j. Accounts Payable 104,000

Cash 104,000
No. 2 Wahwei Company

Materials 46,500
Less: Still in Process 9,600
Materials in Finished Goods 36,900

Factory Overhead
Predetermined Overhead Rate =
Direct Labor

35,400
=
44,250
= 0.8 This means that for every peso we spent in DL,
we will incur 0.80 of overhead. Hence, a total of 1.80 dl and

1.) Finished Goods 112,500

Materials in FG 36,900
DL and FO in FG 75,600

Let a = direct labor in fg

1.80a = 75,600
DL = 42,000

2.) b = factory overhead in fg

DL 42,000
x 0.8
FO 33,600

No. 3
 Oophp Company
Trial Balance
Jan-31

Cash ₱ 18,911.60
Accounts Receivable 53,230
Finished Goods 12,000
Work in Process 11,350
Materials 11,160
Machinery 40,000
Accounts Payable 60,080
Accumulated Depreciation 10,000
Common Stock 60,000
Retained Earnings 21,250
Sales 241,150
Sales Discount ₱ 4,258.40
Cost of Goods Sold 185,500
Factory Overhead 3,070
Sales Salaries Expense 8,000
Administrative Salaries Expense 15,000
Marketing Expense 18,000
Administrative Expense 12,000
Total ₱ 392,480.00 ₱ 392,480
e spent in DL,
ence, a total of 1.80 dl and fo.
Weighted Average
C5 Company - Carbonatio
Cost of Production
For the month of Septe

Quantity Schedule Materials

Actual WD

WIP, beginning 1,000

Units received 2,000
Units added 6,000
Total units to be accounted for 9,000

Completed and transferred 7,800 100%

WIP, ending 1,200 100%
Total units as accounted for 9,000

Cost charged to the department

Total EUP
WIP, beginning
From the preceeding department 1,120
Materials 140
Labor and overhead 185
Total 1,445

Added this period

Transferred-in cost 9,680 9,000
Materials 1,210 9,000
Labor and Overhead 5,080 8,100
Total 15,970

Total cost to be accounted for 17,415

Cost accounted for as follows

Completed and transferred (7,800 x 2)

WIP, ending
Transferred-in cost (1,200 x 1.20) 1,440
Materials (1,200 x 0.15) 180
Labor and Overhead (300 x 0.65) 195
Total cost as accounted for
 Weighted Average
C5 Company - Carbonation Department
Cost of Production Report
For the month of September 2020

Labor and Overhead Quantity Schedule

EUP WD EUP

WIP, beginning
Units received
Units added
Total units to be accounted for

7,800 100% 7,800 Completed and transferred

1,200 25% 300 WIP, ending
9,000 8,100 Total units as accounted for

Cost charged to the department

Unit Cost
WIP, beginning
From the preceeding
Materials
Labor and overhead
Total

Added this period

1.2 Transferred-in cost
0.15 Materials
0.65 Labor and Overhead
2 Total

Total cost to be accounted for

Cost accounted for as follows

15,600 Completed and transferred (7,500 x 4.28)

WIP, ending
Transferred-in cost (500 x 2.35)
-
1,815 Labor and Overhead (200 x 0.95)
17,415 Total cost as accounted for
 C5 Company - Carbonation Department
Cost of Production Report
For the month of September 2020

Materials Labor and Overhead

Actual WD EUP WD EUP

200
7,800
0
8,000

7,500 100% 7,500 100% 7,500

500 - 0 40% 200
8,000 7,500 7,700

Total EUP Unit Cost

3,200
0
1,435
4,635

15,600 8,000 2.35

7,350 7,500 0.98
5,880 7,700 0.95
28,830 4.28

33,465

ferred (7,500 x 4.28) 32,100

d-in cost (500 x 2.35) 1,175

-
Overhead (200 x 0.95) 190 1,365
33,465
No. 1
Trasnferred 5,800
WIP, beginning -1,300
WIP, ending 1,200
a. Units started 5,700

WIP, beginning 1,300

Units started 5,700
b. Total units as accounted for 7,000

No. 2
Department 1
Materials: 273,700 Completed and transferred
Labor: 182,500 WIP, ending
Overhead 86,250

Materials 46,000 units

Conversion cost 43,000 units

a. Completed and transferred 40,000 100%

WIP, ending 10,000 60%
Total units as accounted for 50,000

Materials 273,700
Conversion cost 268,750
542,450

Completed units 40,000

Unit cost 12.2
b. Cost of completed units 488,000
c.

No. 3
Materials
WIP, beginning 14,200
Received and completed 132,400 100% 132,400
WIP, ending 8,400 0% -
Total cost as accounted for 155,000 132,400

WIP, beginning 158,488

Added this period:

 Transferred-in cost 4,009,984 140,800 28.48
Direct material 1,416,680 132,400 10.7
Direct labor 1,984,428 143,280 13.85
Overhead cost 3,457,674.20 139,310 24.82
Total 10,868,766 77.85

Total cost to be accounted for 11,027,254.20

WIP, beginning
Beginning balance 158,488
Direct labor (7,100 x 13.85) 98,335
a. Overhead (3,550 x 24.82) 88,111 344,934
b.
Received and completed (132,4000 x 77.85) 10,307,340

WIP, ending
Transferred-in (8,400 x 28.48) 239,232

Direct labor (3,780 x 13.85) 52,353

c. Overhead (3,360 x 24.82) 83,395.20 374,980.20

d. Total cost as accounted for as follows 11,027,254.20

 No. 4

WIP, beginning
Units added
Total units to be accounted

WIP, beginning
Started and completed
WIP, ending
a. Total units as accounted fo

40,000 WIP, beginning

10,000
Added this period:

Materials Conversion costs b.

40,000 100% 40,000 Total cost to be accounted

6,000 30% 3,000
46,000 43,000 WIP, beginning:

46,000 5.95
43,000 6.25
12.2
c.
WIP, ending Started and completed (3,8
Materials (6,000 x 5.95) 35,700
Conversion cost (3,000 x 6.25) 18,750 WIP, ending
Total cost of ending work in process 54,450
d.

Direct Labor Overhead Total cost as accounted for

50% 7,100 25% 3,550
100% 132,400 100% 132,400
45% 3,780 40% 3,360
143,280 139,310
10,652,274
 FIFO cost flow No. 5
Materials Conversion cost
WD EUP WD EUP
WIP, beginning 400
Units added 4,100 a.
Total units to be accounted for 4500

WIP, beginning 400 30% 120 15% 60

Started and completed 3,800 100% 3,800 100% 3,800
WIP, ending 300 60% 180 40% 120
Total units as accounted for 4500 4100 3980
Total EUP Unit cost
WIP, beginning 18,014

Added this period:

Direct material 60,967 4100 14.87
Conversion 46,765 3980 11.75
Total 107,732 26.62
b.
Total cost to be accounted for 125,746

WIP, beginning:
Beginning balance 18,014
Added this period:
Direct material (120 x 14.87) 1,784.40
Conversion (60 x 11.75) 705 20,503.40
121,659.40
Started and completed (3,800 x 26.62) 101,156

WIP, ending
Direcr materials (180 x 14.87) 2,676.60
Conversion (120 x 11.75) 1,410 4,086.60

Total cost as accounted for 125,746.00

 Materials Conversion
WD EUP WD EUP
WIP, beginning 5,500
Units started 25,000
Total units to be accounted for 30,500

WIP, beginning 5,500 60% 3300

Started and completed 22,000 100% 22,000 100% 22,000
WIP, ending 3,000 100% 3,000 0.70 2,100
Total units as accounted for 30,500 25,000 27,400

Unit cost
Material 8.15 WIP, ending
Conversion 7.2 Materials (3,000 x 8.15)
Total 15.35 Conversion (2,100 x 7.20)
c. Cost of the WIP, end
Completed units 22,000
Unit cost 15.35
Cost of completed units 337,700
24,450
15,120
39,570
 Millenia Company - Mixing and Brewing Department
Cost of Production Report
Nov-20

Quantity Schedule Materials

Actual WD EUP
WIP, beginning 4,000
Units started 36,000
Total units to be accounted for 40,000

Completed and Transferred 28,000 100% 28000

WIP, end 6,000 100% 6000
Normal loss 6,000 0% 0
Total units as accounted for 40,000 34,000

Cost charged to the department

Total EUP
WIP, beginning
Materials 3,000
Labor 440
Factory Overhead 640
Total 4,080
Added this period:
Materials 24,200 34,000
Labor 4,120 30,400
Factory Overhead 5,440 30,400
Total 33,760
Total cost to be accounted for 37,840

Cost accounted for as follows:

Completed and transferred (28,000 x 1.15)

WIP, end:
Materials (6,000 x 0.80) 4,800
Labor (2,400 x 0.15) 360
Factory Overhead (2,400 x 0.20) 480
Total cost accounted for as follows

Journal entry:
Work In Process - Canning Department 32,200
Work in Process - Mixing and Brewing Department
 Quantity Schedule
Labor and Overhead
WD EUP WIP, beginning
Units received
Total units to be accounted for

WIP, beginning
100% 28000 Received and completed
40% 2400 WIP, ending
0% 0 Abnormal loss (during)
30,400 Total units as accounted for

Cost charged to the department

Unit Cost
WIP, beginning
Added this period:
From preceeding department
Materials
Labor
Factory Overhead
0.8 Total
0.15 Total cost to be accounted for
0.2
1.15 Cost accounted for as follows:

WIP, beginning:
Beginning balance
Added: Labor (1,000 x 0.17…)
32,200 Factory Overhead (1,000 x 0.35…)

Received and completed (25,000 x 1.99…)

WIP, ending:
From preceeding department (1,000 x 1.15)
5,640 Materials (1,000 x 0.32)
37,840 Labor (500 x 0.17…)
Factory Overhead (500 x 0.35…)

Spoiled Goods Inventory (2,000 x 0.65)

32,200 FOH Control:
From preceeding department (2,000 x 1.15)
Materials (1,600 x 0.32)
Labor (1,600 x 0.17…)
Factory Overhead (1,600 x 0.35…)
Total cost of lost units
Salvage Value
Total cost as accounted for

Finished Goods Inventory

Spoiled Good Inventory
FOH Control
Work in Process - Canning Department
 Millenia Company - Canning Department
Cost of Production Report
Nov-20
Materials Labor and Overhead
Actual WD EUP WD
2,000
28,000
30,000

2,000 0% 0 50%
23,000 100% 23,000 100%
1,000 100% 1,000 50%
4,000 100% 4000 80%
30,000 28,000

Total EUP Unit cost

4,824

32,200 28,000 1.15

8,960 28,000 0.32000000000
4,949 27,700 0.17866425992
9,732 27,700 0.35133574007
55,841 1.99999999999
60,665

4,824
000 x 0.17…) 178.66
verhead (1,000 x 0.35…) 351.34 5,354

0 x 1.99…) 46,000.00

partment (1,000 x 1.15) 1,150.00

320.00
89.33
00 x 0.35…) 175.67 1,735.00

2,600
partment (2,000 x 1.15) 4,600.00
1,280.00
571.73
,600 x 0.35…) 1,124.27
7,576.00
2,600 4,976.00
60,665

51,354.00
2,600
4,976.00
anning Department 58,930.00
bor and Overhead
EUP

1000
23,000
500
3200
27,700