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    Cost Accounting

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    The documents summarize production information for Department 2 for June and July. For June, 12,600 total units were accounted for with 6,600 units completed. Cost per equivalent unit was $3.742. For July, 9,900 total units were accounted for with 4,800 units completed. Cost per equivalent unit was $3.547. Cost analyses are also provided showing beginning inventory, costs added, and ending inventory costs accounted for each period.

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    Cost Accounting

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    1234
    9 views5 pages
    The documents summarize production information for Department 2 for June and July. For June, 12,600 total units were accounted for with 6,600 units completed. Cost per equivalent unit was $3.742. For July, 9,900 total units were accounted for with 4,800 units completed. Cost per equivalent unit was $3.547. Cost analyses are also provided showing beginning inventory, costs added, and ending inventory costs accounted for each period.

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    The documents summarize production information for Department 2 for June and July. For June, 12,600 total units were accounted for with 6,600 units completed. Cost per equivalent unit was $3.742. For July, 9,900 total units were accounted for with 4,800 units completed. Cost per equivalent unit was $3.547. Cost analyses are also provided showing beginning inventory, costs added, and ending inventory costs accounted for each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    9 views5 pages

    Cost Accounting

    Uploaded by

    1234
    The documents summarize production information for Department 2 for June and July. For June, 12,600 total units were accounted for with 6,600 units completed. Cost per equivalent unit was $3.742. For July, 9,900 total units were accounted for with 4,800 units completed. Cost per equivalent unit was $3.547. Cost analyses are also provided showing beginning inventory, costs added, and ending inventory costs accounted for each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 5

    Department 2, JUNE

    Work in process, Beg.


    Transferred in
    Total Units to be Accounted
    Work in process, Beg., F & T
    Started and Completed
    Units Completed
    Work in process, End, F & T
    Total Units as Accounted
    Cost Data
    Cost of Inventory beginning
    Costs Added
    Total Costs to be Accounted for
    Divided by EUP
    Costs per EUP

    Actual
    Work Done
    3600
    9000
    12600
    3600
    40%
    6600
    100%
    10200
    2400
    50%
    12600

    Materials

    TOTAL
    18540
    25836
    44376

    Materials

    2.81

    Trans. In

    Work Done

    1440
    6600

    2/3
    100%

    1200
    9240

    25%

    CC

    8460

    14784

    2592

    9000
    0.94

    9240
    1.6

    9600
    0.27

    Department 2, JULY
    Work in process, Beg.
    Transferred in
    Total Units to be Accounted
    Work in process, Beg., F & T
    Started and Completed
    Units Completed
    Work in process, End, F & T
    Total Units as Accounted
    Cost Data
    Cost of Inventory beginning
    Costs Added
    Total Costs to be Accounted for
    Divided by EUP
    Costs per EUP

    Actual
    Work Done
    2400
    7500
    9900
    2400
    50%
    4800
    100%
    7200
    2700
    1/3
    9900

    Materials

    TOTAL
    4338
    24789
    29127

    Materials

    3.47

    Trans. In

    Work Done

    1200
    4800

    75%
    100%

    900
    6900

    1/6

    CC

    9675

    11730

    3384

    7500
    1.29

    6900
    1.7

    7050
    0.48

    CC

    2400
    6600
    600
    9600

    Cost Analysis
    Transferred out
    Beginning Inventory Cost
    Costs to Complete
    Materials
    Conversion Cost
    Started and completed
    Total Cost Transferred
    Ending Inventory Cost
    Transferred in
    Materials
    Conversion Cost
    Total Cost as Accounted for

    18540
    2304
    648

    2952

    2256
    1920
    162

    CC

    1800
    4800
    450
    7050

    Cost Analysis
    Transferred out
    Beginning Inventory Cost
    Costs to Complete
    Materials
    Conversion Cost
    Started and completed
    Total Cost Transferred
    Ending Inventory Cost
    Transferred in
    Materials
    Conversion Cost
    Total Cost as Accounted for

    4338
    2040
    864

    2904

    3483
    1530
    216

    21492
    18546
    40038

    4338
    44376

    7242
    16656
    23898

    5229
    29127

    Department 2, JUNE
    Work in process, Beg.
    Transferred in
    Total Units to be Accounted
    Work in process, Beg., F & T
    Started and Completed
    Units Completed
    Work in process, End, F & T
    Total Units as Accounted
    Cost Data
    Cost of Inventory beginning
    Costs Added
    Total Costs to Account for
    Divided by EUP
    Costs per EUP

    Actual
    Work Done
    3600
    9000
    12600
    3600
    100%
    6600
    100%
    10200
    2400
    50%
    12600
    TOTAL
    18540
    25836
    44376
    3.74210526

    Materials

    Work Done

    3600
    6600

    100%
    100%

    1200
    11400

    25%

    Trans. In
    Materials
    12330
    4050
    8460
    14784
    20790
    18834
    12600
    11400
    1.65 1.65210526

    CC
    2160
    2592
    4752
    10800
    0.44

    Department 2, JULY
    Work in process, Beg.
    Transferred in
    Total Units to be Accounted
    Work in process, Beg., F & T
    Started and Completed
    Units Completed
    Work in process, End, F & T
    Total Units as Accounted
    Cost Data
    Cost of Inventory beginning
    Costs Added
    Total Costs to Account for
    Divided by EUP
    Costs per EUP

    Actual
    Work Done
    2400
    7500
    9900
    2400
    100%
    4800
    100%
    7200
    2700
    1/3
    9900
    TOTAL
    6206.52632
    24789
    30995.5263

    Materials

    Work Done

    2400
    4800

    100%
    100%

    900
    8100

    1/6

    Trans. In
    Materials
    CC
    3960 1982.52632
    264
    9675
    11730
    3384
    13635 13712.5263
    3648
    9900
    8100
    7650
    3.54703996 1.37727273 1.69290448 0.47686275

    CC

    3600
    6600
    600
    10800

    Cost Analysis
    Transferred out
    Ending Inventory Cost
    Transferred in
    Materials
    Conversion Cost
    Total Cost as Accounted

    38169.4737
    3960
    1982.52632
    264 6206.52632
    44376

    CC

    2400
    4800
    450
    7650

    Cost Analysis
    Transferred out
    Ending Inventory Cost
    Transferred in
    Materials
    Conversion Cost
    Total Cost as Accounted

    25538.6877
    3718.63636
    1523.61404
    214.588235 5456.83863
    30995.5263

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