Students: Cristiana Rutia & Paola Kaliman

Sanding Department of Quick Furniture Company

Production Cost Report

Equivalent Units
Physical Conversion
Material
Units costs

conversion
physical material cost
quantities

transfer out 7000 7000 7000

work in process 3000 3000 600 (3000 x 20%)
total unit 10000 10000 7600

Convertion
Material cost total
total cost $33,000.00 $57,000.00 $90,000.00
equivalent unit 10000 7600
unit cost $3.30 $7.50 $10.80

Transferred out (7000 x $10.8) $75,600

material (3000 x $3.3) $9,900
conversion cost (600 x $7.5) $4,500 $14,400
total cost $90,000