BOOKS Corporation

Department I WIP BEG 40% COMPLETE MATERIALS ADDED AT THE END

Cost of Production Report WIP END 60% COMPLETE MATERIALS ADDED AT THE END
For the month of July 2020

Qty. Schedule Actual Materials Labor Overhead

Units WD EUP WD EUP WD
In Process Beginning 10 0% - 40% 4 40%
Started this period 50
Total 60

Completed and Transferred

In process Beginning 10 100% 10 60% 6 60%
Started this period 35 100% 35 100% 35 100%
In process End 15 0% - 60% 9 60%
Total 60 45 50

Cost charged to the Department

Total IP Beg Current Cost EUP Unit Cost
Cost from preceeding department
Materials 1,000 - 1,000 45 22.22222
Labor 4,100 100 4,000 50 80.00000
Factory Overhead 5,300 300 5,000 50 100.00000
Total cost to be accounted for 10,400 400 10,000 202.22

Cost accounted as follows:

Transferred to Finished Goods
In Process Oct 1
Cost last month 400
Cost to complete
Materials 10 X 22.22222 222.2222222
Labor 6 X 80.00000 480
Overhead 6 X 100.00000 600 1,702.22
Started and completed 35 x 202.22 7,077.78
Total 8,780.00
In Process Oct 31
Materials - X 22.22222 0
Labor 9 X 80.00000 720
Overhead 9 X 100.00000 900 1,620.00
Total cost as accounted for 10,400.00
DED AT THE END
DED AT THE END

Overhead
EUP
4

6
35
9
50
BOOKS Corporation
Department I WIP BEG 40% COMPLETE MATERIALS ADDED AT THE END
Cost of Production Report WIP END 60% COMPLETE MATERIALS ADDED AT THE END
For the month of July 2020

Qty. Schedule Actual Materials Labor Overhead

Units WD EUP WD EUP WD
In Process Beginning 10 0% - 40% 4 40%
Started this period 50
Total 60

Completed and Transferred

In process Beginning 10 100% 10 60% 6 60%
Started this period 35 100% 35 100% 35 100%
In process End 15 0% - 60% 9 60%
Total 60 45 54

Cost charged to the Department

IP Beg Current CostTotal Cost EUP Unit Cost
Materials - 1,000 1,000 45 22.22222
Labor 100 4,000 4,100 54 75.92593
Factory Overhead 300 5,000 5,300 54 98.14815
Total cost to be accounted for 400 10,000 10,400 196.30

Cost accounted as follows:

Transferred to Finished Goods
In Process Oct 1
Cost last month
Cost to complete
Materials 10 X 22.22222 222.2222222
Labor 10 X 75.92593 759.2592593
Overhead 10 X 98.14815 981.4814815 1,962.96
Started and completed 35 x 196.30 6,870.37
Total 8,833.33
In Process Oct 31
Materials - X 22.22222 0
Labor 9 X 75.92593 683.3333333
Overhead 9 X 98.14815 883.3333333 1,566.67
Total cost as accounted for 10,400.00
DED AT THE END
DED AT THE END 0% 50% 100%

Overhead
EUP
4

6
35
9
54