FIFO

EQUIVALENT PRODUCTION
Actual Materials CC
WIP. Beg. 8,000 - 4,800 WIP. Beg.
Started and Completed 32,400 32,400 32,400 Started and Completed
WIP, End 3,600 3,600 2,520 WIP, End
Total 44,000 36,000 39,720 Total
Total Materials CC
WIP Beg 373,000 293,000 80000 WIP Beg
Current Cost 2,672,440 1,379,000 1293440 Current Cost
Total 3,045,440 1,672,000 1373440 Total

Cost per EUP 70.8695032 38.30555556 32.56 Cost per EUP

WIP. Beg. WIP. Beg.

Cost in WIP 373,000 Cost in WIP
Materials - Materials
CC 156306.949 156,307 529,307 CC
Started & Completed (32,400 x 70.869503) 2,296,171.90 Started & Completed
Transferred Out to next Dept 2,825,479 Transferred Out to Finished Goods
WIP End WIP End
Materials 137,900 Materials
CC 82061.148 CC
219,961
Total cost as accounted for 3,045,440 Total cost as accounted for
 WEIGHTED AVERAGE
EQUIVALENT PRODUCTION
Actual Materials CC
8,000 8,000 8,000
32,400 32,400 32,400
3,600 3,600 2,520
44,000 44,000 42,920
Total Materials CC
373,000 293,000 80000
2,672,440 1,379,000 1293440
3,045,440 1,672,000 1373440

70 38 32

(40,400 x 70) 2,828,000.00

Out to Finished Goods 2,828,000

136,800
80640
217,440
accounted for 3,045,440
 FIFO
EQUIVALENT PRODUCTION
Actual TI Materials CC
WIP. Beg. 2,500 - - 875
Started and Completed 39,200 39,200 39,200 39,200
WIP, End 1,200 1,200 - 840
Total 42,900 40,400 39,200 40,915
Total TI Materials CC
WIP Beg 173,413 166,420 - 6993
Current Cost 3,455,239 2,825,479 383,640 246120
Total 3,628,652 2,991,899 383,640 253113

Cost per EUP 85.7397278 69.9375953 9.786734694 6.02

WIP. Beg.
Cost in WIP 173,413
TI
Materials -
CC 5263.47305 5,263 178,676
Started & Completed (39,200 x 85.739728) 3,360,997.33
Transferred Out to next Dept 3,539,674
WIP End
TI 83,925.11
Materials -
CC 5052.93413
88,978
Total cost as accounted for 3,628,652
 WEIGHTED AVERAGE
EQUIVALENT PRODUCTION
Actual TI Materials CC
WIP. Beg. 2,500 2,500 2,500 2,500
Started and Completed 39,200 39,200 39,200 39,200
WIP, End 1,200 1,200 - 840
Total 42,900 42,900 41,700 42,540
Total TI Materials CC
WIP Beg 173,413 166,420 - 6993
Current Cost 3,457,760 2,828,000 383,640 246120
Total 3,631,173 2,994,420 383,640 253113

Cost per EUP 84.95 69.8 9.2 5.95

WIP. Beg.
Cost in WIP

Materials
CC
Started & Completed (41,700 x 84.95) 3,542,415.00
Transferred Out to Finished Goods 3,542,415
WIP End
TI 83,760
Materials -
CC 4998
88,758
Total cost as accounted for 3,631,173