POTATO CHIP FACTORY

Cost of Production Report

Processing Department - Inspecting and

Processing Department - Potato Preparation Processing Department - Cooking
Packaging
Equivalent Equivalent Equivalent
% Cost per % Cost per % Cost per
Units Units of Units Units of Units Units of
complete EUP complete EUP complete EUP
Production Production Production
Units
Units to be accounted for:
Beginning, Work-in-process - - -
Started in production 10,000
Transferred In 10,000 10,000
Total units to be accounted for 10,000 10,000 10,000

Units accounted for:

Completed and transferred out 10,000 100% 10,000 10,000 100% 10,000 9,000 100% 9,000
Ending, Work-in-process - - - - -
Normal Loss 1,000 - -
Total units accounted for 10,000 10,000 10,000 10,000 10,000 9,000

Cost
Costs to be accounted for:
Beginning, Work-in-process - - -
Started in production 20,000 10,000 2.00 -
Cost transferred in 20,000 25,000 9,000 2.78
Cost added during the period 5,000 10,000 0.50 18,000 9,000 2.00
Total costs to be accounted for: 20,000 10,000 2.00 25,000 10,000 2.50 43,000

Costs accounted for:

Completed and transferred out 20,000 10,000 2.00 25,000 10,000 2.50 43,000 9,000 4.78
Ending, Work-in-process - - - - -
Total costs accounted for 20,000 10,000 2.00 25,000 10,000 2.50 43,000 9,000 4.78