Direct material At the beginning of process

Shrinkage Less Than 8% Normal

Oct-10

Beginning WIP 45% Complete 36000

Started During the month 120000
Transferred to Finshed Goods 126000
30000

Ending WIP inventory 15% complete 21600

Loss During Process 8400 Pound
8% of 156000 12480

Beginning WIP
BEGINNING
Material 14000
Conversion 10800 24800

CURRENTPERIOD
MATERIAL 39060
Conversion 33912 72972
Total

COST PER UNIT

COST OF 126000
UNITS

Total Cost 159058

Units 126000
cost per unit 1.26
 Cost of
Cost per unit Cost of 8400 126000 Cost of 30000

0.389 14000
0.989 35600

0.3255 29295 9765

0.8907 80163 26721
2.594 21790 159058 36486

COST OF
30000 UNITS

36486
21600
1.69