February 2015 " Department Department aris Quantity —_A___ 8 Work in process, beg. . beg, 1,200 Started in process Neon es 7,600 Finished and transferred to next d , ‘ 7,200 Finished and on hand spect ae) ee 0 Work in process, end 3,900 2,700 1,600 ‘Stage of completion of beginning work in process Materials 100% 40% o% Labor 50% 40% 40% Overhead 60% 40% 30% ‘Stage of completion of ending work in process Materials 100% 60% 0% iat 80% 60% 50% ovaieed 70% 60% 40% Beginning work in process ost from preceding department Gaines tp eanwamationn aoe 6,300 2,200 1,080 abor a 8,100 1,760 720 Overner —_P23,400___P35,200__P52,800__ = 28.400 __F 85,200 __P52,800 _ Cost incurred 114,300 P64,260 37,400 Materials 91,440 45,900 29,920 Labor 80,010 27,540 14,960 OverheadThe cost of production reports for three departme! shown below: QUANTITY SCHEDULE Work in process, beginning Started in process ‘Andromeda Corporation Cost of Production Report For the month of February, 2015 Total units to be accounted for __ 13,500 Finished and transferred Work in process, end Total units as accounted for COST ANALYSIS Materials Labor Overhead Cost accounted for as follows: Finished and transferred Work in process, end 5 Materials Labor Overhead Total costs accounted for Department A Materials ‘Actual — Work — Equiv. Units Done _ Prod. 7,500 n/a 12,000 9,600 100% 9,600 3,900 100% 3,900 13,500 13,500 In Process, Added beginning this month Total 9,000 114,300 P123,300 6,300 91,440 97,740 8,100 80,010 88,110 23,400 _P285,750 P309,150 Labor Work =— Equiv. Done Prod. nla 100% 9,600 80% 3,120 12,720 Units Unit Cost 13,500 9.1333 12,720 7.6840 12,330 7.1460 23.9633 230,048 (9,600 x 923.9633] 35,620 23,974 19,508" 79,102 309,150 * There is a minor difference due to rounding. £8,900 x P9.1393) 12,120 7-624) 22.730x07.146) nts using average method arg Overhead Work Equiv Done Prod a 100% 9,600 70% 2,730 12,330Cost from preceding dept. 28,600 730,048 256,648 10,700 241737 Materials 9,620 6.9543 9.620 5.0000 9.620 30487 39.1727 Finished and transferred 297,713 ,00xR29.1727) Finished and on hand 16,669. 4004 29.1727) 700.424.1727) 11.820 P9043) (1620 18.0843, (78202 92.0687)Andromeda Corporation Cost of Production Report For the month of February, 2015 Department C Materials Labor Overhead Aotual Work ~~ Equiv. Work Equiv. © Work_— Equiv, QUANTITY SCHEDULE _Units_Done_Prod._Done_Prod, _Doné Pod. Work in process, beginning 1,200 0% 40% 30% Started in process 00 ‘Total units to be accounted for 8,800 Finished and transferred 7,200 100% » 7,200 100% © 7,200 100% 7,200 Work in process, end 1,600 0% 0 50% 800 40% _ 640 Total units as accounted for "3.800 7,200 8,000 2840 In Process, Added COST ANALYSIS beginning this month Total__Units _Unit Cost Cost from'preceding dept. 49,200 297,713 346,913 Materials 1,800 64,260 66,060 Labor 4,080 45,900 46,980 Overhead 720 27,540 28,260 Total 52,800 433,042 488,213 58.0740 Cost accounted for as follows: Finished and transferred 418,133 17,200% 57.0470) ‘Work in process, end Costs transferred in from Dept. B 63,075 (11,600 x P39.4219) Cost incurred in this Dept. Materials e - oxo.s75) Labor 4,698 {00 xP5.8725} Overhead 2,307 7,005 70,080 (640x046) Total costs accounted for 488,213,