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    Ama Tut 5

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    Đỗ Kim Chi
    The document contains information about equipment units (EU), costs per EU, and assignment of costs for multiple periods. It provides physical unit counts and accounting for costs as they flow through work in process (WIP), are transferred in or out, have costs added or assigned using different costing methods like standard or actual costs. The information is presented across multiple periods to demonstrate how units and costs are tracked and assigned over time in a manufacturing environment.

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    Ama Tut 5

    Uploaded by

    Đỗ Kim Chi
    35 views4 pages
    The document contains information about equipment units (EU), costs per EU, and assignment of costs for multiple periods. It provides physical unit counts and accounting for costs as they flow through work in process (WIP), are transferred in or out, have costs added or assigned using different costing methods like standard or actual costs. The information is presented across multiple periods to demonstrate how units and costs are tracked and assigned over time in a manufacturing environment.

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    ama tut 5

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    The document contains information about equipment units (EU), costs per EU, and assignment of costs for multiple periods. It provides physical unit counts and accounting for costs as they flow through work in process (WIP), are transferred in or out, have costs added or assigned using different costing methods like standard or actual costs. The information is presented across multiple periods to demonstrate how units and costs are tracked and assigned over time in a manufacturing environment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    35 views4 pages

    Ama Tut 5

    Uploaded by

    Đỗ Kim Chi
    The document contains information about equipment units (EU), costs per EU, and assignment of costs for multiple periods. It provides physical unit counts and accounting for costs as they flow through work in process (WIP), are transferred in or out, have costs added or assigned using different costing methods like standard or actual costs. The information is presented across multiple periods to demonstrate how units and costs are tracked and assigned over time in a manufacturing environment.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 4

    17-31

    1. Equipment units (EU)

    Flow of Physical units Transferred in DM Conversions


    production
    OWIP 60
    Transferred in 100
    To account for 160
    Completed & 120 120 120 120
    transferred out
    (FG)
    CWIP 40 40 0 (40*0%) 30 (40*75%)
    160 160 120 150

    2. Cost per EU

    Flow of Total production Transferred in DM Conversions


    production costs
    OWIP $84,000 $60,000 0 $24,000
    Costs added $206,400 $117,000 $27,000 $62,400
    during june
    Total costs to $290,400 $177,000 $27,000 $86,400
    account for
    Cost per EU $177,000/160 $27,000/120 $86,400/150

    3. Assignment costs

    Flow of Total production Transferred in DM Conversions


    production costs
    Completed & $228,870 $1,106.25*120 $225*120 $576*120
    transferred out
    CWIP $61,530 $1,106.25*40 $225*0 $576*30
    $290,400 $177,000 $27,000 $86,400

    17-32
    1. EU

    Flow of Physical units Transferred in DM Conversions


    production
    OWIP 60
    Transferred in 100
    To account for 160
    Completed &
    transferred out
    (FG)
    OWIP 60 60*0% 60*100% 60*(100%-50%)
    Started & 60 (120-60) 60 60 60
    completed
    CWIP 40 40*100% 40*0% 40*75%
    To account for 160 100 120 120

    2. Cost per EU

    Flow of Total production Transferred in DM Conversions


    production costs
    OWIP $69,000 $45,000 0 $24,000
    Costs added $203,400 $114,000 $27,000 $62,400
    during june
    Total costs to $272,400 $159,000 $27,000 $86,400
    account for
    Cost per EU $114,000/100 $27,000/120 $62,400/120

    3. Assignment costs

    Flow of Total production Transferred in DM Conversions


    production costs
    OWIP $69,000 $45,000 0 $24,000
    Costs added to $29,100 $1,140*0 $225*60 $520*30
    OWIP
    Total from OWIP $98,100
    Started and $131,100 $1,140*60 $225*60 $520*60
    completed
    Total completed $211,200
    and transferred
    out
    CWIP $61,200 $1,140*40 $225*0 $520*30
    Total costs to $272,400 $159,000 $27,000 $86,400
    account for

    17-39
    1. EU

    Flow of Physical units Transferred in DM Conversions


    production
    OWIP 7,500
    Transferred in 22,500
    To account for 30,000
    Completed & 26,300 26,300 26,300 26,300
    transferred out
    (FG)
    CWIP 3,700 3,700 0 3,700*60%
    To account for 30,000 30,000 26,300 28,520

    2. Cost of EU

    Flow of Total Transferred in DM Conversions


    production production
    costs
    OWIP $3,767,960 $2,932,500 $0 $835,460
    Costs added $21,378,100 $7,717,500 $9,704,700 $3,955,900
    during june
    Total costs to $25,146,060 $10,650,000 $9,704,700 $4,791,360
    account for
    Cost per EU 10,650,000/30,000 9,704,700/26,30 4,791,360/28,520
    0

    3. Assignment costs

    Flow of Total production Transferred in DM Conversions


    production costs
    Completed and $23,459,600 $355*26,300 $369*26,300 $168*26,300
    transferred out
    CWIP $1,686,460 $355*3,700 $369*0 $168*2,220
    $25,146,060 $10,650,000 $9,704,700 $4,791,360

    17-40
    1. EU

    Flow of Physical units Transferred in DM Conversions


    production
    OWIP 7,500
    Transferred in 22,500
    To account for 30,000
    Completed &
    transferred out
    (FG)
    OWIP 7,500 7,500*0% 7,500*100% 7,500*30%
    Started & 18,800 (26,300 18,800 18,800 18,800
    completed -7,500)
    CWIP 3,700 3,700*100% 3,700*0% 3,700*60%
    To account for 30,000 22,500 26,300 23,270

    2. Cost per EU

    Flow of Total Transferred in DM Conversions


    production production
    costs
    OWIP $3,635,460 $2,800,000 $0 $835,460
    Costs added $21,395,850 $7,735,250 $9,704,700 $3,955,900
    during june
    Total costs to $25,031,310 $10,535,250 $9,704,700 $4,791,360
    account for
    Cost per EU 7,735,250/22,500 9,704,700/26,30 3,955,900/23,270
    0

    3. Assignment cost

    Flow of Total production Transferred in DM Conversions


    production costs
    OWIP $3,635,460 $2,800,000 $0 $835,460
    Costs added to $3,150,000 $344*0 $369*7,500 $170*2,250
    OWIP
    Total from OWIP $6,785,460
    Started and $16,596,431 $344*18,800 $369*18,800 $170*18,800
    completed
    Total completed $23,381,891
    and transferred
    out
    CWIP $1,649,419 $344*3,700 $369*0 $170*2,220
    Total costs to $25,031,310 $10,535,250 $9,704,700 $4,791,360
    account for

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