Assembly

Cost of Production Report (WAVE)

Physical Percentage of Completion
Units DM DL OH
Units to Account for:
WIP, Beginning 6,000.00 100% 75% 75%
Started this Period 80,000.00
Total Units to Account for 86,000.00

Units Accounted for as follows:

Completed and Transferred Out 78,000.00 100% 100% 100%
WIP, Ending 8,000.00 100% 85% 85%
Total Units Accounted for 86,000.00

Peso
Costs to Account for:
WIP, Beginning 12,000.00 4,000.00 6,000.00 2,000.00
Current Period Costs 170,300.00 55,340.00 86,220.00 28,740.00
Total Cost to Account for 182,300.00 59,340.00 92,220.00 30,740.00

Equivalent Units of Production:

Completed and Transferred Out 78,000.00 78,000.00 78,000.00
WIP, Ending 8,000.00 6,800.00 6,800.00
Total EUP 86,000.00 84,800.00 84,800.00

Cost per EUP 2.14 0.69 1.0875 0.3625

Costs Accounted for as follows:

Cost Transferred Out 166,920.00 53,820.00 84,825.00 28,275.00
WIP, Ending 15,380.00 5,520.00 7,395.00 2,465.00
Total Costs Accounted for 182,300.00

Assembly
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units DM DL OH
Units to Account for:
WIP, Beginning 6,000.00 100% 75% 75%
Started this Period 80,000.00
Total Units to Account for 86,000.00
Units Accounted for as follows:
WIP, Beginning 6,000.00 0.00% 25.00% 25.00%
Started and Completed 72,000.00 100% 100% 100%
WIP, Ending 8,000.00 100% 85% 85%
Total Units Accounted for 86,000.00

Peso
Costs to Account for:
WIP, Beginning 12,000.00
Current Period Costs 170,300.00 55,340.00 86,220.00 28,740.00
Total Cost to Account for 182,300.00

Equivalent Units of Production:

Work on WIP, Beginning - 1,500.00 1,500.00
Started and Completed 72,000.00 72,000.00 72,000.00
WIP, Ending 8,000.00 6,800.00 6,800.00
Total EUP 80,000.00 80,300.00 80,300.00

Cost per EUP 2.12 0.69175 1.07372354 0.35790785

Costs Accounted for as follows:

Cost Transferred Out
WIP, Beginning 12,000.00
Work on WIP, Beg 2,147.45 - 1,610.59 536.86
Total WIP, Beg Transferred Out 14,147.45
Work Started and Completed 152,883.46 49,806.00 77,308.09 25,769.36
Total Cost Transferred Out 167,030.91
WIP, Ending 15,269.09 5,534.00 7,301.32 2,433.77
Total Costs Accounted for 182,300.00
 Testing
Cost of Production Report (WAVE)
Physical
Units
Units to Account for:
WIP, Beginning 7,000.00
Started this Period 78,000.00
Total Units to Account for 85,000.00

Units Accounted for as follows:

Completed and Transferred Out 80,000.00
WIP, Ending 5,000.00
Total Units Accounted for 85,000.00

Peso
Costs to Account for:
WIP, Beginning 22,000.00
Current Period Costs 482,120.00
Total Cost to Account for 504,120.00

Equivalent Units of Production:

Completed and Transferred Out
WIP, Ending
Total EUP

Cost per EUP 6.00

Costs Accounted for as follows:

Check: 166,920.00 Cost Transferred Out 480,000.00
WIP, Ending 24,120.00
Total Costs Accounted for 504,120.00

Testing
Cost of Production Report (FIFO)
Physical
Units
Units to Account for:
WIP, Beginning 7,000.00
Started this Period 78,000.00
Total Units to Account for 85,000.00
 Units Accounted for as follows:
WIP, Beginning 7,000.00
Started and Completed 73,000.00
WIP, Ending 5,000.00
Total Units Accounted for 85,000.00

Peso
Costs to Account for:
WIP, Beginning 22,000.00
Current Period Costs 482,230.91
Total Cost to Account for 504,230.91

Equivalent Units of Production:

Work on WIP, Beginning
Started and Completed
WIP, Ending
Total EUP

Cost per EUP 6.12

Costs Accounted for as follows:

Cost Transferred Out
WIP, Beginning 22,000.00
Work on WIP, Beg 11,129.38
Total WIP, Beg Transferred Out 33,129.38
Check: 152,883.46 Work Started and Completed 446,482.69
Total Cost Transferred Out 479,612.07
WIP, Ending 24,618.84
Total Costs Accounted for 504,230.91
Percentage of Completion
Trans-in DL&OH

100% 60%

100% 100%
100% 70%

9,880.00 12,120.00
166,920.00 315,200.00
176,800.00 327,320.00

80,000.00 80,000.00
5,000.00 3,500.00
85,000.00 83,500.00

2.08 3.92

166,400.00 313,600.00 Check: 480,000.00

10,400.00 13,720.00

Percentage of Completion
Trans-in DL&OH

100% 60%
 0.00% 40.00%
100% 100%
100% 70%

167,030.91 315,200.00

- 2,800.00
73,000.00 73,000.00
5,000.00 3,500.00
78,000.00 79,300.00

2.141421879 3.974779319

- 11,129.38

156,323.80 290,158.89 Check: 446,482.69

10,707.11 13,911.73
Case 1
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units DM Conversion
Units to Account for:
WIP, Beg 2000 100% 60%
Started this Period 15000
Total Units to Account for 17000

Units Accounted for:

WIP, Beg 2000 0.00% 40.00%
Started and Completed 11200 100% 100%
Normal Spoilage 1300
WIP, Ending 2500 100% 75%
Total Units Accounted for 17000

Costs to Account for:

WIP, Beg 16620
Current Period Costs 122175 102750 19425
Total Costs to Account for 138795

Equivalent Units of Production:

Work on WIP, Beg 0 800
Started and Completed 11200 11200
Normal Spoilage 0 0
WIP, Ending 2500 1875
Total EUP 13700 13875

Cost per EUP 8.9000 7.5000 1.4000

Costs Accounted for:

WIP, Beg 16620
Work on WIP, Beg 1120 0 1120
Started and Completed 99680 84000 15680
To FG 117420
Normal Spoilage 0 0 0
Total Cost Transferred Out 117420
WIP, End 21375 18750 2625
Total Costs Accounted for 138795
Case 2
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units DM Conversion
Units to Account for:
WIP, Beg 2000 100% 60%
Started this Period 15000
Total Units to Account for 17000

Units Accounted for:

WIP, Beg 2000 0.00% 40.00%
Started and Completed 11200 100% 100%
Normal Spoilage 1300 100% 100%
WIP, Ending 2500 100% 75%
Total Units Accounted for 17000

Costs to Account for:

WIP, Beg 16620
Current Period Costs 122175 102750 19425
Total Costs to Account for 138795

Equivalent Units of Production:

Work on WIP, Beg 0 800
Started and Completed 11200 11200
Normal Spoilage 1300 1300
WIP, Ending 2500 1875
Total EUP 15000 15175

Cost per EUP 8.1301 6.8500 1.2801

Costs Accounted for:

WIP, Beg 16620
Work on WIP, Beg 1024.05272 0 1024.05272
Started and Completed 91056.7381 76720 14336.7381
Normal Spoilage 10569.0857 8905 1664.08567
To FG 119269.876
Total Cost Transferred Out 119269.876
WIP, End 19525.1236 17125 2400.12356
Total Costs Accounted for 138795
Case 3
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units DM Conversion
Units to Account for:
WIP, Beg 2000 100% 60%
Started this Period 15000
Total Units to Account for 17000

Units Accounted for:

WIP, Beg 2000 0.00% 40.00%
Started and Completed 11200 100% 100%
Normal Spoilage 1300 100% 50%
WIP, Ending 2500 100% 75%
Total Units Accounted for 17000

Costs to Account for:

WIP, Beg 16620
Current Period Costs 122175 102750 19425
Total Costs to Account for 138795

Equivalent Units of Production:

Work on WIP, Beg 0 800
Started and Completed 11200 11200
Normal Spoilage 1300 650
WIP, Ending 2500 1875
Total EUP 15000 14525

Cost per EUP 8.1873 6.8500 1.3373

Costs Accounted for:

WIP, Beg 16620
Work on WIP, Beg 1069.87952 0 1069.87952
Started and Completed 91698.3133 76720 14978.3133
Normal Spoilage 7990.6499
To FG 117378.843
Total Cost Transferred Out 117378.843
WIP, End 19632.5301 17125 2507.53012
Normal Spoilage 1783.62721
Total WIP, End 21416.1573
Total Costs Accounted for 138795
Cost of Normal Spoilage 9,774.28 8,905.00 869.28
UNITS Percentage Allocation
Started and Completed 11,200.00 0.81751825 7990.6499
WIP, End 2,500.00 0.18248175 1,783.63
Total Units 13,700.00
Case 4
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units DM Conversion
Units to Account for:
WIP, Beg 2000 100% 60%
Started this Period 15000
Total Units to Account for 17000

Units Accounted for:

WIP, Beg 2000 0.00% 40.00%
Started and Completed 11200 100% 100%
Normal Spoilage 750
Abnormal Spoilage 550 100% 100%
WIP, Ending 2500 100% 75%
Total Units Accounted for 17000

Costs to Account for:

WIP, Beg 16620
Current Period Costs 122175 102750 19425
Total Costs to Account for 138795

Equivalent Units of Production:

Work on WIP, Beg 0 800
Started and Completed 11200 11200
Normal Spoilage 0 0
Abnormal Spoilage 550 550
WIP, Ending 2500 1875
Total EUP 14250 14425

Cost per EUP 8.5571 7.2105 1.3466

Costs Accounted for:

WIP, Beg 16620
Work on WIP, Beg 1077.29636 0 1077.29636
Started and Completed 95840.0438 80757.8947 15082.149
Normal Spoilage 0
To FG 113537.34
Abnormal Spoilage 4706.43072 3965.78947 740.641248
Total Cost Transferred Out 118243.771
WIP, End 20551.2291 18026.3158 2524.91334
Total Costs Accounted for 138795
Case 1
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

WIP, Beg 8000 0.00% 15.00% 50.00%
Started and Completed 22000 100% 100% 100%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 0
WIP, Ending 5500 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550
Current Period Costs 304300 114000 143500 46800
410850

Equivalent Units of Production:

Work on WIP, Beg 0 1200 4000
Started and Completed 22000 22000 22000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 0 0 0
WIP, Ending 5500 3850 2200
Total EUP 29000 28550 29700

Cost per EUP 10.5330618 3.93103448 5.0262697 1.57575758

Costs Accounted for:

WIP, Beg 106550
Work on WIP, Beg 12334.5539 0 6031.52364 6303.0303
Normal Spoilage 4,213.22
Started and Completed 231727.359 86482.7586 110577.933 34666.6667
Normal Spoilage 11,586.37
To FG 366411.505
Abnormal Spoilage 0 0 0 0
Total Cost Transferred Out 366411.505
WIP, Ending 44438.4947 21620.6897 19351.1384 3466.66667
 Normal Spoilage -
Total WIP, Ending 44438.4947
Total Costs Accounted for 410850

Cost of Normal Spoilage 15,799.59 5,896.55 7,539.40 2,363.64

UNITS Percentage Allocation
WIP, Beg 8,000.00 0.26666667 4,213.22
Started and Completed 22,000.00 0.73333333 11,586.37
WIP, End - 0 -
Total Units 30,000.00
Case 2
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

WIP, Beg 8000 0.00% 15.00% 50.00%
Started and Completed 22000 100% 100% 100%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550
Current Period Costs 304300 114000 143500 46800
410850

Equivalent Units of Production:

Work on WIP, Beg 0 1200 4000
Started and Completed 22000 22000 22000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 29000 28700 30000

Cost per EUP 10.4910345 3.93103448 5 1.56

Costs Accounted for:

WIP, Beg 106550
Work on WIP, Beg 12240 0 6000 6240
Normal Spoilage 4,196.41
Started and Completed 230802.759 86482.7586 110000 34320
Normal Spoilage 11,540.14
To FG 365329.31
Abnormal Spoilage 5245.51724 1965.51724 2500 780
Total Cost Transferred Out 370574.828
WIP, Ending 40275.1724 19655.1724 17500 3120
 Normal Spoilage -
Total WIP, Ending 40275.1724
Total Costs Accounted for 410850

Cost of Normal Spoilage 15,736.55 5,896.55 7,500.00 2,340.00

UNITS Percentage Allocation
WIP, Beg 8,000.00 0.26666667 4,196.41
Started and Completed 22,000.00 0.73333333 11,540.14
WIP, End - 0 -
Total Units 30,000.00
Case 3
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

WIP, Beg 8000 0.00% 15.00% 50.00%
Started and Completed 22000 100% 100% 100%
Normal Spoilage 1500
Abnormal Spoilage 0
WIP, Ending 5500 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550
Current Period Costs 304300 114000 143500 46800
410850

Equivalent Units of Production:

Work on WIP, Beg 0 1200 4000
Started and Completed 22000 22000 22000
Normal Spoilage 0 0 0
Abnormal Spoilage 0 0 0
WIP, Ending 5500 3850 2200
Total EUP 27500 27050 28200

Cost per EUP 11.1100198 4.14545455 5.30499076 1.65957447

Costs Accounted for:

WIP, Beg 106550
Work on WIP, Beg 13004.2868 0 6365.98891 6638.29787
Normal Spoilage -
Started and Completed 244420.435 91200 116709.797 36510.6383
Normal Spoilage -
To FG 363974.722
Abnormal Spoilage 0 0 0 0
Total Cost Transferred Out 363974.722
WIP, Ending 46875.2782 22800 20424.2144 3651.06383
 Normal Spoilage -
Total WIP, Ending 46875.2782
Total Costs Accounted for 410850
Case 4
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

WIP, Beg 8000 0.00% 15.00% 50.00%
Started and Completed 22000 100% 100% 100%
Normal Spoilage 1500 0% 0% 0%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550
Current Period Costs 304300 114000 143500 46800
410850

Equivalent Units of Production:

Work on WIP, Beg 0 1200 4000
Started and Completed 22000 22000 22000
Normal Spoilage 0 0 0
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 27500 27200 28500

Cost per EUP 11.0632951 4.14545455 5.27573529 1.64210526

Costs Accounted for:

WIP, Beg 106550
Work on WIP, Beg 12899.3034 0 6330.88235 6568.42105
Normal Spoilage -
Started and Completed 243392.492 91200 116066.176 36126.3158
Normal Spoilage -
To FG 362841.796
Abnormal Spoilage 5531.64755 2072.72727 2637.86765 821.052632
Total Cost Transferred Out 368373.443
WIP, Ending 42476.5568 20727.2727 18465.0735 3284.21053
 Normal Spoilage -
Total WIP, Ending 42476.5568
Total Costs Accounted for 410850
Case 5
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

WIP, Beg 8000 0.00% 15.00% 50.00%
Started and Completed 22000 100% 100% 100%
Normal Spoilage 1350 100% 60% 30%
Abnormal Spoilage 650 100% 60% 30%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550
Current Period Costs 304300 114000 143500 46800
410850

Equivalent Units of Production:

Work on WIP, Beg 0 1200 4000
Started and Completed 22000 22000 22000
Normal Spoilage 1350 810 405
Abnormal Spoilage 650 390 195
WIP, Ending 5000 3500 2000
Total EUP 29000 27900 28600

Cost per EUP 10.7107673 3.93103448 5.14336918 1.63636364

Costs Accounted for:

WIP, Beg 106550
Work on WIP, Beg 12717.4976 0 6172.04301 6545.45455
Normal Spoilage -
Started and Completed 235636.88 86482.7586 113154.122 36000
Normal Spoilage 8,258.76
To FG 363163.14
Abnormal Spoilage 4880.1773 2555.17241 2005.91398 319.090909
Total Cost Transferred Out 368043.317
WIP, Ending 40929.6918 19655.1724 18001.7921 3272.72727
 Normal Spoilage 1,876.99
Total WIP, Ending 42806.6831
Total Costs Accounted for 410850

Cost of Normal Spoilage 10,135.75 5,306.90 4,166.13 662.73

UNITS Percentage Allocation
WIP, Beg - 0 -
Started and Completed 22,000.00 0.81481481 8,258.76
WIP, End 5,000.00 0.18518519 1,876.99
Total Units 27,000.00
Case 6
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 0 0% 0% 0%
WIP, Ending 5500 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 0 0 0
WIP, Ending 5500 3850 2200
Total EUP 37000 35350 33700

Cost per EUP 11.4946447 4.37837838 5.4738331 1.64243323

Costs Accounted for:

Completed and Transferred Out 344839.341 131351.351 164214.993 49272.997
Normal Spoilage 17,241.97
To FG 362081.308
Abnormal Spoilage 0 0 0 0
Total Cost Transferred Out 362081.308
WIP, Ending 48768.6916 24081.0811 21074.2574 3613.35312
Normal Spoilage -
Total WIP, Ending 48768.6916
Total Costs Accounted for 410850

Cost of Normal Spoilage 17,241.97 6,567.57 8,210.75 2,463.65

 UNITS Percentage Allocation
Completed and Transferred Out 30,000.00 1 17,241.97
WIP, End - 0 -
Total Units 30,000.00
Case 7
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 37000 35500 34000

Cost per EUP 11.4570238 4.37837838 5.45070423 1.62794118

Costs Accounted for:

Completed and Transferred Out 343710.713 131351.351 163521.127 48838.2353
Normal Spoilage 17,185.54
To FG 360896.249
Abnormal Spoilage 5728.51189 2189.18919 2725.35211 813.970588
Total Cost Transferred Out 366624.761
WIP, Ending 44225.239 21891.8919 19077.4648 3255.88235
Normal Spoilage -
Total WIP, Ending 44225.239
Total Costs Accounted for 410850

Cost of Normal Spoilage 17,185.54 6,567.57 8,176.06 2,441.91

 UNITS Percentage Allocation
Completed and Transferred Out 30,000.00 1 17,185.54
WIP, End - 0 -
Total Units 30,000.00
Case 8
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 0% 0% 0%
Abnormal Spoilage 0 0% 0% 0%
WIP, Ending 5500 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 0 0 0
Abnormal Spoilage 0 0 0
WIP, Ending 5500 3850 2200
Total EUP 35500 33850 32200

Cost per EUP 11.9987202 4.56338028 5.71639586 1.7189441

Costs Accounted for:

Completed and Transferred Out 359961.607 136901.408 171491.876 51568.323
Normal Spoilage -
To FG 359961.607
Abnormal Spoilage 0 0 0 0
Total Cost Transferred Out 359961.607
WIP, Ending 50888.3926 25098.5915 22008.1241 3781.67702
Normal Spoilage -
Total WIP, Ending 50888.3926
Total Costs Accounted for 410850

Cost of Normal Spoilage - - - -

 UNITS Percentage Allocation
Completed and Transferred Out 30,000.00 1 -
WIP, End - 0 -
Total Units 30,000.00
Case 9
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 0% 0% 0%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 0 0 0
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 35500 34000 32500

Cost per EUP 11.9576337 4.56338028 5.69117647 1.70307692

Costs Accounted for:

Completed and Transferred Out 358729.01 136901.408 170735.294 51092.3077
Normal Spoilage -
To FG 358729.01
Abnormal Spoilage 5978.81684 2281.69014 2845.58824 851.538462
Total Cost Transferred Out 364707.827
WIP, Ending 46142.1729 22816.9014 19919.1176 3406.15385
Normal Spoilage -
Total WIP, Ending 46142.1729
Total Costs Accounted for 410850

Cost of Normal Spoilage - - - -

 UNITS Percentage Allocation
Completed and Transferred Out 30,000.00 1 -
WIP, End - 0 -
Total Units 30,000.00
Case 10
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1750 100% 60% 30%
Abnormal Spoilage 250 100% 60% 30%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1750 1050 525
Abnormal Spoilage 250 150 75
WIP, Ending 5000 3500 2000
Total EUP 37000 34700 32600

Cost per EUP 11.6526 4.37837838 5.57636888 1.69785276

Costs Accounted for:

Completed and Transferred Out 349578 131351.351 167291.066 50935.5828
Normal Spoilage 12,350.33
To FG 361928.334
Abnormal Spoilage 2058.38888 1094.59459 836.455331 127.338957
Total Cost Transferred Out 363986.723
WIP, Ending 44804.8885 21891.8919 19517.2911 3395.70552
Normal Spoilage 2,058.39
Total WIP, Ending 46863.2774
Total Costs Accounted for 410850

Cost of Normal Spoilage 14,408.72 7,662.16 5,855.19 891.37

 UNITS Percentage Allocation
Completed and Transferred Out 30,000.00 0.85714286 12,350.33
WIP, End 5,000.00 0.14285714 2,058.39
Total Units 35,000.00
Case 11
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1750 100% 60% 30%
Abnormal Spoilage 250 100% 60% 30%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1750 1050 525
Abnormal Spoilage 250 150 75
WIP, Ending 5000 3500 2000
Total EUP 37000 34700 32600

Cost per EUP 11.6526 4.37837838 5.57636888 1.69785276

Costs Accounted for:

Completed and Transferred Out 349578 131351.351 167291.066 50935.5828
Normal Spoilage 9,350.33
To FG 358928.334 SV
Abnormal Spoilage 1558.38888 1094.59459 836.455331 127.338957 500
To SUI 4000
Total Cost Transferred Out 364486.723
WIP, Ending 44804.8885 21891.8919 19517.2911 3395.70552
Normal Spoilage 1,558.39
Total WIP, Ending 46363.2774
Total Costs Accounted for 410850
Cost of Normal Spoilage 14,408.72 7,662.16 5,855.19 891.37
 UNITS Percentage Allocation SV Net Allocation
Completed and Transferred Out 30,000.00 0.85714286 12,350.33 3000 9,350.33
WIP, End 5,000.00 0.14285714 2,058.39 500 1,558.39
Total Units 35,000.00
Case 12
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1750 100% 60% 30%
Abnormal Spoilage 250 100% 60% 30%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1750 1050 525
Abnormal Spoilage 250 150 75
WIP, Ending 5000 3500 2000
Total EUP 37000 34700 32600

Cost per EUP 11.6526 4.37837838 5.57636888 1.69785276

Costs Accounted for:

Completed and Transferred Out 349578 131351.351 167291.066 50935.5828
To FG 349578
To FOH-C 14408.7222 7662.16216 5855.18732 891.372699
Abnormal Spoilage 2058.38888 1094.59459 836.455331 127.338957
Total Cost Transferred Out 366045.112
WIP, Ending 44804.8885 21891.8919 19517.2911 3395.70552
Total Costs Accounted for 410850
NKF
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in Compund Container Conversion
Units to Account for:
WIP, Beg 1000 100% 100% 0% 25%
Started this Period 21000
Compound Added 5000
Total Units to Account for 27000

Units Accounted for:

Completed and Transferred Out 25600 100% 100% 100% 100%
Normal Spoilage 200 100% 100% 0% 100%
WIP, Ending 1200 100% 100% 0% 70%
Total Units Accounted for 27000
Case 1
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350
Rework Costs 5710
Total Costs to Account for 416560

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 37000 35500 34000

Cost per EUP 11.4570238 4.37837838 5.45070423 1.62794118

Costs Accounted for:

Completed and Transferred Out 343710.713 131351.351 163521.127 48838.2353
Normal Rework 5710
Normal Spoilage 17,185.54
Normal Deficiency 0
To FG 366606.249
Abnormal Spoilage 5728.51189 2189.18919 2725.35211 813.970588
Abnormal Rework 0
Abnormal Deficiency 0
Total Cost Transferred Out 372334.761
WIP, Ending 44225.239 21891.8919 19077.4648 3255.88235
Normal Spoilage -
Total WIP, Ending 44225.239
Total Costs Accounted for 416560

Cost of Normal Spoilage 17,185.54 6,567.57 8,176.06 2,441.91

UNITS Percentage Allocation
Completed and Transferred Out 37,000.00 1 17,185.54
WIP, End - 0 -
Total Units 37,000.00
Case 2
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350
Rework Costs 5710
Total Costs to Account for 416560

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 37000 35500 34000

Cost per EUP 11.4570238 4.37837838 5.45070423 1.62794118

Costs Accounted for:

Completed and Transferred Out 343710.713 131351.351 163521.127 48838.2353
Normal Rework 0
Normal Spoilage 17,185.54
Normal Deficiency 0
To FG 360896.249
Abnormal Spoilage 5728.51189 2189.18919 2725.35211 813.970588
Abnormal Rework 5710
Abnormal Deficiency 0
Total Cost Transferred Out 372334.761
WIP, Ending 44225.239 21891.8919 19077.4648 3255.88235
Normal Spoilage -
Total WIP, Ending 44225.239
Total Costs Accounted for 416560

Cost of Normal Spoilage 17,185.54 6,567.57 8,176.06 2,441.91

UNITS Percentage Allocation
Completed and Transferred Out 37,000.00 1 17,185.54
WIP, End - 0 -
Total Units 37,000.00
Case 3
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350
Rework Costs 5710
Total Costs to Account for 416560

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 37000 35500 34000

Cost per EUP 11.4570238 4.37837838 5.45070423 1.62794118

Costs Accounted for:

Completed and Transferred Out 343710.713 131351.351 163521.127 48838.2353
Normal Rework 5710
Normal Spoilage 17,185.54
Normal Deficiency 0
To DUI 17739.875
To FG 348866.374
Abnormal Spoilage 5728.51189 2189.18919 2725.35211 813.970588
Abnormal Rework 0
Abnormal Deficiency 0
Total Cost Transferred Out 372334.761
WIP, Ending 44225.239 21891.8919 19077.4648 3255.88235
Normal Spoilage -
Total WIP, Ending 44225.239
Total Costs Accounted for 416560

Cost of Normal Spoilage 17,185.54 6,567.57 8,176.06 2,441.91

UNITS Percentage Allocation
Completed and Transferred Out 37,000.00 1 17,185.54
WIP, End - 0 -
Total Units 37,000.00

Cost before Spoilage 343710.713

Normal Spoilage 17,185.54
Cost before Rework 360896.249

Cost of Regular Units 348866.374

Normal Rework
Cost before Rework 12029.875
Normal Rework Cost 5710
Total Cost 17739.875
Case 4
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350
Rework Costs 5710
Total Costs to Account for 416560

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 37000 35500 34000

Cost per EUP 11.4570238 4.37837838 5.45070423 1.62794118

Costs Accounted for:

Regular Units 348866.374
Normal Deficiency 7739.87497
To FG 356606.249
To DUI 10000
Abnormal Spoilage 5728.51189 2189.18919 2725.35211 813.970588
Total Cost Transferred Out 372334.761
WIP, Ending 44225.239 21891.8919 19077.4648 3255.88235
Total Costs Accounted for 416560
Cost of Normal Spoilage 17,185.54 6,567.57 8,176.06 2,441.91
UNITS Percentage Allocation
Completed and Transferred Out 37,000.00 1 17,185.54
WIP, End - 0 -
Total Units 37,000.00

Cost before Spoilage 343710.713 131351.351 163521.127 48838.2353

Normal Spoilage 17,185.54
Cost before Rework 360896.249

Cost of Regular Units 348866.374

Normal Rework
Cost before Rework 12029.875
Normal Rework Cost 5710
Total Cost 17739.875
NRV 10000
Normal Deficiency 7739.87497
Case 5
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in DM DL and OH
Units to Account for:
WIP, Beg 8000 100% 85% 50%
Started this Period 29000
Total Units to Account for 37000

Units Accounted for:

Completed and Transferred Out 30000 100.00% 100.00% 100.00%
Normal Spoilage 1500 100% 100% 100%
Abnormal Spoilage 500 100% 100% 100%
WIP, Ending 5000 100% 70% 40%
Total Units Accounted for 37000

Costs to Account for:

WIP, Beg 106550 48000 50000 8550
Current Period Costs 304300 114000 143500 46800
410850 162000 193500 55350
Rework Costs 5710
Total Costs to Account for 416560

Equivalent Units of Production:

Completed and Transferred Out 30000 30000 30000
Normal Spoilage 1500 1500 1500
Abnormal Spoilage 500 500 500
WIP, Ending 5000 3500 2000
Total EUP 37000 35500 34000

Cost per EUP 11.4570238 4.37837838 5.45070423 1.62794118

Costs Accounted for:

Regular Units 348866.374
Normal Deficiency 2500
To FG 351366.374
Abnormal Spoilage 5728.51189 2189.18919 2725.35211 813.970588
Abnormal Rework 2855
Abnormal Deficiency 2500
To DUI (Normal) 6369.93748
To DUI (Abnormal) 3514.93748
WIP, Ending 44225.239 21891.8919 19077.4648 3255.88235
Total Costs Accounted for 416560

Cost of Normal Spoilage 17,185.54 6,567.57 8,176.06 2,441.91

UNITS Percentage Allocation
Completed and Transferred Out 37,000.00 1 17,185.54
WIP, End - 0 -
Total Units 37,000.00

Cost before Spoilage 343710.713 131351.351 163521.127 48838.2353

Normal Spoilage 17,185.54
Cost before Rework 360896.249

Cost of Regular Units 348866.374

Normal Rework
Cost before Rework 6014.93748
Normal Rework Cost 2855
Total Cost 8869.93748
Normal Deficiency 2500
NRV 6369.93748

Abormal Rework
Cost before Rework 6014.93748
Total Cost 6014.93748
Abnormal Deficiency 2500
NRV 3514.93748
Bind Industries
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in Varnish DL OH
Units to Account for:
WIP, Beg 2000 100% 100% 80% 70%
Started this Period 14900
Total Units to Account for 16900

Units Accounted for:

WIP, Beg 2000 0.00% 0.00% 20.00% 30.00%
Started and Completed 11300 100% 100% 100% 100%
Normal Spoilage 200 100% 100% 100% 100%
Abnormal Spoilage 400 100% 0% 30% 15%
WIP, Ending 3000 100% 0% 40% 20%
Total Units Accounted for 16900

Costs to Account for:

WIP, Beg 32352
Current Period Costs 310674 137080 14030 46000 113564
343026

Equivalent Units of Production:

Work on WIP, Beg 0 0 400 600
Started and Completed 11300 11300 11300 11300
Normal Spoilage 200 200 200 200
Abnormal Spoilage 400 0 120 60
WIP, Ending 3000 0 1200 600
Total EUP 14900 11500 13220 12760

Cost per EUP 22.7995764 9.2 1.22 3.4795764 8.9

Costs Accounted for:

WIP, Beg 32352
Work on WIP, Beg 6731.83056 0 0 1391.83056 5340
Started and Completed 257635.213 103960 13786 39319.2133 100570
Normal Spoilage 4559.91528 1840 244 695.91528 1780
To FG 301278.959
Abnormal Spoilage 4631.54917 3680 0 417.549168 534
WIP, Ending 37115.4917 27600 0 4175.49168 5340
Total Costs Accounted for 343026
Bind Industries
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Trans-in Varnish DL
Units to Account for:
WIP, Beg 2000 100% 100% 80%
Started this Period 14900
Total Units to Account for 16900

Units Accounted for:

Completed and Transferred Out 13300 100% 100% 100%
Normal Spoilage 200 100% 100% 100%
Abnormal Spoilage 400 100% 0% 30%
WIP, Ending 3000 100% 0% 40%
Total Units Accounted for 16900

Costs to Account for:

WIP, Beg 32352 15020 1900 4388
Current Period Costs 310674 137080 14030 46000
343026 152100 15930 50388

Equivalent Units of Production:

Completed and Transferred Out 13300 13300 13300
Normal Spoilage 200 200 200
Abnormal Spoilage 400 0 120
WIP, Ending 3000 0 1200
Total EUP 16900 13500 14820

Cost per EUP 22.3800 9 1.18 3.4

Costs Accounted for:

Completed and Transferred Out 297654 119700 15694 45220
Normal Spoilage 4476 1800 236 680
To FG 302130.00
Abnormal Spoilage 4536 3600 0 408
WIP, Ending 36360 27000 0 4080
Total Costs Accounted for 343026
 Haven Co.
Cost of Production Report (FIFO)
ompletion Physical Percentage of Completion
OH Units Trans-in Materials
Units to Account for:
70% WIP, Beg 500 100% 100%
Started this Period 2000
Total Units to Account for 2500

Units Accounted for:

100% WIP, Beg 500 0.00% 0.00%
100% Started and Completed 1200 100% 100%
15% Normal Spoilage 200
20% Abnormal Spoilage 300 100% 100%
WIP, Ending 300 100% 100%
Total Units Accounted for 2500

11044 Costs to Account for:

113564 WIP, Beg 2172.5
124608 Current Period Costs 6990 1000 2000
9162.5

13300 Equivalent Units of Production:

200 Work on WIP, Beg 0 0
60 Started and Completed 1200 1200
600 Normal Spoilage 0 0
14160 Abnormal Spoilage 300 300
WIP, Ending 300 300
8.8 Total EUP 1800 1800

Cost per EUP 3.76666667 0.55555556 1.11111111

117040
1760 Costs Accounted for:
WIP, Beg 2172.5
528 Work on WIP, Beg 630 0 0
5280 Started and Completed 4520 666.666667 1333.33333
Normal Spoilage 0 0 0
To FG 7322.5
Abnormal Spoilage 1130 166.666667 333.333333
WIP, Ending 710 166.666667 333.333333
Total Costs Accounted for 9162.5
 Haven Co
Cost of Production Report (WAVE)
ge of Completion Physical Percentage of Completion
Conversion Units Trans-in Materials
Units to Account for:
40% WIP, Beg 500 100% 100%
Started this Period 2000
Total Units to Account for 2500

Units Accounted for:

60.00% Completed and Transferred Out 1700 100% 100%
100% Normal Spoilage 200
Abnormal Spoilage 300 100% 100%
100% WIP, Ending 300 100% 100%
33% Total Units Accounted for 2500

Costs to Account for:

WIP, Beg 2172.5 812.5 750
Current Period Costs 6990 1000 2000
3990 9162.5 1812.5 2750

Equivalent Units of Production:

Completed and Transferred Out 1700 1700
300 Normal Spoilage 0 0
1200 Abnormal Spoilage 300 300
0 WIP, Ending 300 300
300 Total EUP 2300 2300
100
1900 Cost per EUP 4.17417184 0.78804348 1.19565217

2.1 Costs Accounted for:

Completed and Transferred Out 7096.09213 1339.67391 2032.6087
Normal Spoilage 0 0 0
To FG 7096.09213
630 Abnormal Spoilage 1252.25155 236.413043 358.695652
2520 WIP, Ending 814.156315 236.413043 358.695652
0 Total Costs Accounted for 9162.5

630
210
 Haven Co
Cost of Production Report (WAVE)
ge of Completion Physical Percentage of Completion
Conversion Units Trans-in Materials
Units to Account for:
40% WIP, Beg 500 100% 100%
Started this Period 2000
Total Units to Account for 2500

Units Accounted for:

100% Completed and Transferred Out 1700 100% 100%
Normal Spoilage 200 100% 100%
100% Abnormal Spoilage 300 100% 100%
33% WIP, Ending 300 100% 100%
Total Units Accounted for 2500

Costs to Account for:

610 WIP, Beg 2172.5 812.5 750
3990 Current Period Costs 6990 1000 2000
4600 9162.5 1812.5 2750

Equivalent Units of Production:

1700 Completed and Transferred Out 1700 1700
0 Normal Spoilage 200 200
300 Abnormal Spoilage 300 300
100 WIP, Ending 300 300
2100 Total EUP 2500 2500

2.19047619 Cost per EUP 3.825 0.725 1.1

Costs Accounted for:

3723.80952 Completed and Transferred Out 6502.5 1232.5 1870
0 Normal Spoilage 765 145 220
To FG 7267.5
657.142857 Abnormal Spoilage 1147.5 217.5 330
219.047619 WIP, Ending 747.5 217.5 330
Total Costs Accounted for 9162.5
ge of Completion
Conversion

40%

100%
100%
100%
33%

610
3990
4600

1700
200
300
100
2300

3400
400

600
200
Breeze Company
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Calamansi Water DL and OH
Units to Account for:
WIP, Beg 4000 100% 0% 25%
Started this Period 40000
Water Added 56100
Total Units to Account for 100100

Units Accounted for:

Completed and Transferred Out 78150 100% 100% 100%
Normal Spilage 1 2200 100% 0% 50%
Abnormal Spoilage 1 4400 100% 0% 50%
Normal Spoilage 2 4675 100% 100% 50%
Abnormal Spoilage 2 4675 100% 100% 50%
WIP, Ending 6000 100% 100% 80%
Total Units Accounted for 100100

Equivalent Units of Production:

Completed and Transferred Out 78150 78150 78150
Normal Spilage 1 2200 0 1100
Abnormal Spoilage 1 4400 0 2200
Normal Spoilage 2 4675 4675 2337.5
Abnormal Spoilage 2 4675 4675 2337.5
WIP, Ending 6000 6000 4800
Total EUP 100100 93500 90925
Velkhana Company
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Leather Buckles Conversion
Units to Account for:
WIP, Beg 600 100% 0% 30%
Started this Period 10000
Total Units to Account for 10600

Units Accounted for:

WIP, Beg 600 0.00% 100.00% 70.00%
Started and Completed 8000 100% 100% 100%
Normal Spoilage 1 100 100% 0% 70%
Normal Spoilage 2 300 100% 100% 100%
Abnormal Spoilage 300 100% 0% 40%
WIP, End 1300 100% 0% 50%
Total Units Accounted for 10600

Costs to Account for:

WIP, Beg 4200
Current Period Costs 74450 30800 11250 32400
Total Costs to Account for 78650

Equivalent Units of Production:

Work on WIP, Beg 0 600 420
Started and Completed 8000 8000 8000
Normal Spoilage 1 100 0 70
Normal Spoilage 2 300 300 300
Abnormal Spoilage 300 0 120
WIP, End 1300 0 650
Total EUP 10000 8900 9560

Cost per EUP 7.733166283 3.08 1.26404494 3.38912134

Costs Accounted for:

WIP, Beg 4200
Work on WIP, Beg 2181.857929 0 758.426966 1423.43096
Started and Completed 61865.33026 24640 10112.3596 27112.9707
To FG 68247.18819
To SUI 2100 SV
To FOH-C Normal Spoilage 1 245.2384937 308 0 237.238494 300
To FOH-C Normal Spoilage 2 1419.949885 924 379.213483 1016.7364 900
Abnormal Spoilage 430.6945607 924 0 406.694561 900
Total Cost Transferred Out 72443.07113
WIP, End 6206.92887 4004 0 2202.92887
Total Costs Accounted for 78650

1665.188379
Velkhana Company
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Leather Buckles Conversion
Units to Account for:
WIP, Beg 600 100% 0% 30%
Started this Period 10000
Total Units to Account for 10600

Units Accounted for:

WIP, Beg 600 0.00% 100.00% 70.00%
Started and Completed 8100 100% 100% 100%
Normal Spoilage 2 300 100% 100% 100%
Abnormal Spoilage 300 100% 0% 40%
WIP, End 1300 100% 0% 50%
Total Units Accounted for 10600

Costs to Account for:

WIP, Beg 4200
Current Period Costs 74450 30800 11250 32400
78650
Rework Costs 4735
Total Costs to Account for 83385

Equivalent Units of Production:

Work on WIP, Beg 0 600 420
Started and Completed 8100 8100 8100
Normal Spoilage 2 300 300 300
Abnormal Spoilage 300 0 120
WIP, End 1300 0 650
Total EUP 10000 9000 9590

Cost per EUP 7.70851929 3.08 1.25 3.37851929

Costs Accounted for:

WIP, Beg 4200
Work on WIP, Beg 2168.9781 0 750 1418.9781
Started and Completed 62439.0063 24948 10125 27366.0063
To FG 68807.9844
To SUI 1800
To FOH-C Normal Spoilage 2 1412.55579 924 375 1013.55579
To FOH-C Rework Cost 4735
Abnormal Spoilage 429.422315 924 0 405.422315
Total Cost Transferred Out 77184.9625
WIP, End 6200.03754 4004 0 2196.03754
Total Costs Accounted for 83385
 Velkhana Company
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Leather Buckles
Units to Account for:
WIP, Beg 600 100% 0%
Started this Period 10000
Total Units to Account for 10600

Units Accounted for:

Completed and Transferred Out 8700 100.00% 100.00%
Normal Spoilage 2 300 100% 100%
Abnormal Spoilage 300 100% 0%
WIP, End 1300 100% 0%
Total Units Accounted for 10600

Costs to Account for:

WIP, Beg 4200 3000 0
Current Period Costs 74450 30800 11250
78650 33800 11250
Rework Costs 4735
Total Costs to Account for 83385

Equivalent Units of Production:

Completed and Transferred Out 8700 8700
Normal Spoilage 2 300 300
Abnormal Spoilage 300 0
WIP, End 1300 0
Total EUP 10600 9000

Cost per EUP 7.87777853 3.18867925 1.25

Costs Accounted for:

Completed and Transferred Out 68536.6732 27741.5094 10875
Normal Spoilage 2 1463.33356 956.603774 375
Normal Rework Costs 4735
To FG 74735.0068
To SUI 1800
Abnormal Spoilage 469.295688 956.603774 0
SV Total Cost Transferred Out 77004.3024
900 WIP, End 6380.69755 4145.28302 0
900 Total Costs Accounted for 83385
900
ge of Completion
Conversion

30%

100.00%
100%
40%
50%

1200
32400
33600

8700
300
120
650
9770

3.43909928

29920.1638 SV
1031.72979 900

412.691914 900

2235.41453
GamerProf Corporation
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Materials Conversion
Units to Account for:
WIP, Beg 15000 100% 60%
Started this Period 120000
Total Units to Account for 135000

Units Accounted for:

Completed and Transferred Out 98000 100% 100%
Normal Spoilage 5000 100% 50%
Abnormal Spoilage 2000 100% 50%
WIP, Ending 30000 100% 60%
Total Units Accounted for 135000

Costs to Account for:

WIP, Beg 3000000 1000000 2000000
Current Period Costs 8400000 2400000 6000000
Scrap Sale -15000 -15000
11385000 3385000 8000000
Rework Cost 100000
Total Costs to Account for 11485000

Equivalent Units of Production:

Completed and Transferred Out 98000 98000
Normal Spoilage 5000 2500
Abnormal Spoilage 2000 1000
WIP, Ending 30000 18000
Total EUP 135000 119500

Cost per EUP 92.0196807686 25.07407407 66.94560669

Costs Accounted for:

Regular Units 8,657,321.62
Normal Deficiency 60000
To Next Dept 8,717,321.62
To SUI 210000
To DUI Normal 279,268.44
To DUI Abnormal 146,178.96 SV
Abnormal Spoilage 57093.7548427 50148.14815 66945.60669 60000
Abnormal Rework 40000
Abnormal Deficiency 40000
Total Costs Transferred Out 9,489,862.77
WIP, Ending 1957243.14272 752222.2222 1205020.921
Normal Spoilage 37,894.09
Total WIP, Ending 1995137.2278
Total Costs Accounted for 11,485,000.00

Cost of Normal Spoilage 292,734.39 125,370.37 167,364.02

UNITS Percentage Allocation SV
Completed and Transferred Out 83,000.00 0.734513274 215,017.29 110176.9912
WIP, End 30,000.00 0.265486726 77,717.09 39823.00885
Total Units 113,000.00

Cost before Spoilage 9017928.71533 2457259.259 6560669.456

Normal Spoilage 104,840.30
Cost before Rework 9,122,769.02

Cost of Regular Units 8,657,321.62

Normal Rework
Cost before Rework 279,268.44
Rework Cost 60000
Total Cost 339,268.44
Deficiency 60000
NRV 279,268.44

Abnormal Rework
Cost before Rework 186,178.96
Deficiency 40000
NRV 146,178.96
 Units Percentage Allocation
Ascent 16000 0.21052632 757894.737
Bind 24000 0.31578947 1136842.11
Split 36000 0.47368421 1705263.16
76000

Units MV Sales Value Percentage

Ascent 16000 25 400000 0.1242236
Bind 24000 35 840000 0.26086957
Split 36000 55 1980000 0.61490683
76000 3220000

Units MV Sales Value Percentage

Ascent 16000 65 930000 0.1970339
Bind 24000 50 1156000 0.24491525
Split 36000 75 2634000 0.55805085
76000 4720000

Units Split-off Final Benefit

Ascent 16000 400000 480000 80000

Bind 24000 840000 960000 120000

Split 36000 1980000 2016000 36000
76000
Percentage Allocation
Ascent 400000 0.12158055 437689.97
Bind 910000 0.27659574 995744.68
Split 1980000 0.60182371 2166565.35
3290000
Net Allocation
104,840.30
37,894.09
 AoE4 Company
Cost of Production Report (FIFO)
Physical Percentage of Com
Units Calamansi
Units to Account for:
WIP, Beg 4000 100%
Allocation Started this Period 40000
447204.97 Water Added 56100
939130.43 Total Units to Account for 100100
2213664.60
Units Accounted for:
Work on WIP, Beg 10000 0.00%
Started and Completed 68150 100%
Allocation Normal Spilage 1 2200 100%
709322.03 Abnormal Spoilage 1 4400 100%
881694.92 Normal Spoilage 2 4675 100%
2008983.05 Abnormal Spoilage 2 4675 100%
WIP, Ending 6000 100%
Total Units Accounted for 100100
Cost Net Benefit
130000 -50000 Split-off Equivalent Units of Production:
Work on WIP, Beg 0
50000 70000 Final Completed and Transferred Out 68150
100000 -64000 Split-off Normal Spilage 1 2200
Abnormal Spoilage 1 4400
Normal Spoilage 2 4675
Abnormal Spoilage 2 4675
WIP, Ending 6000
Total EUP 90100
Percentage of Completion
Water DL and OH

0% 25%

100.00% 75.00%
100% 100%
0% 50%
0% 50%
100% 50%
100% 50%
100% 80%

10000 7500
68150 68150
0 1100
0 2200
4675 2337.5
4675 2337.5
6000 4800
93500 88425
Hourly Rate 40
Day Kind Hours Rate Pay/hr Pay OT Hours
1 10 1 40 400 2
2 8 1 40 320
3 8 1 40 320
4 8 1 40 320
5 8 1 40 320
6 8 1 40 320
7 Rest Day 0 1.3 52 0
8 8 1 40 320
9 8 1 40 320
10 8 1 40 320
11 8 1 40 320
12 8 1 40 320
13 9 1 40 360 1
14 Rest Day 0 1.3 52 0
15 9 1 40 360 1
16 8 1 40 320
17 8 1 40 320
18 8 1 40 320
19 8 1 40 320
20 8 1 40 320
21 Rest Day 8 1.3 52 416
22 8 1 40 320
23 8 1 40 320
24 Special 8 1.3 52 416
25 Reg Hol 8 2 80 640
26 8 1 40 320
27 8 1 40 320
28 Rest Day 0 1.3 52 0
29 8 1 40 320
30 Reg Hol 8 2 80 640
31 Special 9 1.3 52 468 1
229 10100 5

WIP 8000
WIP-B 20
FOH-Prem 940
FOH-OT 35.6
FOH-Idle 1160
10155.6
 Hourly Rate 47.5
Rate Pay/hr Pay Total Pay Day Kind
0.25 10 20 420 1 Special
320 2 Special
320 3 Rest Day
320 4
320 5
320 6
0 7
320 8
320 9
320 10 Rest Day
320 11
320 12
0.25 10 10 370 13
0 14
0.25 10 10 370 15
320 16
320 17 Rest Day
320 18
320 19
320 20
416 21
320 22
320 23
416 24 Rest Day
640 25
320 26
320 27
0 28
320 29
640 30 Reg Hol
0.39 15.6 15.6 483.6
55.6 10,155.60
SUPERVISOR
Daily Rate 591.780822
Monthly Pay 18000
Premiums:
1-Nov 177.534247
2-Nov 177.534247
30-Nov 591.780822
COLA 780
Nov GP 19,726.85

EE
GP 19,726.85
SSS 877.5
PAG-IBIG 100
PhilHealth 295.90
Subtotal 18,453.45
WTH 0
Net Income 18,453.45

WIP 10450
WIP-B 23.75
FOH-Prem 812.25
FOH-OT 131.575
FOH-Idle 285
FOH-COLA 810
FOH-Sup 19,726.85
FOH-Govt 3443.59136
35,683.02
Hours Rate Pay/hr Pay OT Hours Rate Pay/hr
8 1.3 61.75 494
10 1.3 61.75 617.5 2 0.39 18.525
0 1.3 61.75 0
8 1 47.5 380
8 1 47.5 380
9 1 47.5 427.5 1 0.25 11.875
9 1 47.5 427.5 1 0.25 11.875
8 1 47.5 380
8 1 47.5 380
0 1.3 61.75 0
8 1 47.5 380
8 1 47.5 380
8 1 47.5 380
8 1 47.5 380
8 1 47.5 380
8 1 47.5 380
0 1.3 61.75 0
8 1 47.5 380
8 1 47.5 380
10 1 47.5 475 2 0.25 11.875
8 1 47.5 380
8 1 47.5 380
8 1 47.5 380
9 1.3 61.75 555.75 1 0.39 18.525
8 1 47.5 380
8 1 47.5 380
9 1 47.5 427.5 1 0.25 11.875
9 1 47.5 427.5 1 0.25 11.875
8 1 47.5 380
9 2 95 855 1 0.6 28.5
226 11547.25 10

EE ER
GP 12,512.58
SSS 562.5 1072.5
PAG-IBIG 100 100
PhilHealth 187.69 187.69
Subtotal 11,662.39 1360.18863
WTH 0
 Net Income 11,662.39

ER

1687.5
100
295.90
2083.40274
Pay Total Pay
494
37.05 654.55
0
380
380
11.875 439.375
11.875 439.375
380
380
0
380
380
380
380
380
380
0
380
380
23.75 498.75
380
380
380
18.525 574.275
380
380
11.875 439.375
11.875 439.375
380
28.5 883.5
155.325 11,702.58
COLA 810
Total GP 12,512.58
1 Total Hrs 689
Prod Hrs 626
Idle Hrs 63
Ave/Worker 21

2 Hourly Rate 62.5

Day Kind Hours Rate Pay/hr Pay OT Hours
1 8 1 62.5 500
2 10 1 62.5 625 2
3 8 1 62.5 500
4 8 1 62.5 500
5 Rest Day 0 1.3 81.25 0
6 9 1 62.5 562.5 1
7 9 1 62.5 562.5 1
8 8 1 62.5 500
9 8 1 62.5 500
10 8 1 62.5 500
11 8 1 62.5 500
12 Rest Day 0 1.3 81.25 0
13 8 1 62.5 500
14 8 1 62.5 500
15 8 1 62.5 500
16 8 1 62.5 500
17 8 1 62.5 500
18 8 1 62.5 500
19 Rest Day 0 1.3 81.25 0
20 8 1 62.5 500
21 8 1 62.5 500
22 9 1 62.5 562.5 1
23 8 1 62.5 500
24 9 1 62.5 562.5 1
25 8 1 62.5 500
26 Rest Day 8 1.3 81.25 650
27 9 1 62.5 562.5 1
28 9 1 62.5 562.5 1
29 8 1 62.5 500
30 9 1 62.5 562.5 1
225 14212.5

3 Hourly Rate 62.5

Day Kind Hours Rate Pay/hr Pay OT Hours
1 8 1 62.5 500
 2 8 1 62.5 500
3 8 1 62.5 500
4 8 1 62.5 500
5 Rest Day 0 1.3 81.25 0
6 9 1 62.5 562.5 1
7 9 1 62.5 562.5 1
8 8 1 62.5 500
9 8 1 62.5 500
10 8 1 62.5 500
11 8 1 62.5 500
12 Rest Day 10 1.3 81.25 812.5 2
13 8 1 62.5 500
14 8 1 62.5 500
15 8 1 62.5 500
16 9 1 62.5 562.5 1
17 8 1 62.5 500
18 8 1 62.5 500
19 Rest Day 8 1.3 81.25 650
20 8 1 62.5 500
21 8 1 62.5 500
22 8 1 62.5 500
23 8 1 62.5 500
24 8 1 62.5 500
25 8 1 62.5 500
26 Rest Day 0 1.3 81.25 0
27 9 1 62.5 562.5 1
28 8 1 62.5 500
29 8 1 62.5 500
30 8 1 62.5 500
230 14712.5

EE
GP 14,823.75
SSS 675
PAG-IBIG 100
PhilHealth 222.36
Subtotal 13,826.39
WTH 0
Net Income 13,826.39

3 Hourly Rate 62.5

Day Kind Hours Rate Pay/hr Pay OT Hours
1 8 1 62.5 500
2 8 1 62.5 500
3 8 1 62.5 500
4 8 1 62.5 500
5 Rest Day 8 1.3 81.25 650
6 9 1 62.5 562.5 1
7 9 1 62.5 562.5 1
8 8 1 62.5 500
9 8 1 62.5 500
10 8 1 62.5 500
11 8 1 62.5 500
12 Rest Day 9 1.3 81.25 731.25 1
13 10 1 62.5 625 2
14 8 1 62.5 500
15 8 1 62.5 500
16 8 1 62.5 500
17 8 1 62.5 500
18 8 1 62.5 500
19 Rest Day 0 1.3 81.25 0
20 10 1 62.5 625 2
21 8 1 62.5 500
22 8 1 62.5 500
23 8 1 62.5 500
24 9 1 62.5 562.5 1
25 8 1 62.5 500
26 Rest Day 0 1.3 81.25 0
27 8 1 62.5 500
28 9 1 62.5 562.5 1
29 8 1 62.5 500
30 9 1 62.5 562.5 1
234 14943.75 10

1 2 3
EE ER EE ER EE ER
GP 14,353.13 14,823.75 15,108.75
SSS 652.5 1242.5 675 1305 675 1305
PAG-IBIG 100 100 100 100 100 100
PhilHealth 215.30 215.30 222.36 222.36 226.63 226.63
Subtotal 13,385.33 1557.79688 13,826.39 1627.35625 14,107.12 1631.63125
WTH 0 0 0
Net Income 13,385.33 13,826.39 14,107.12
5 41,318.84

6 WIP 39,125.00
Total GP 44,285.63
To FOH 5,160.63
FOH-Gov 4,816.78
9,977.41
 Day Kind
9-Apr Rest Day+Double Hol
10-Apr Reg Hol
Daily Rate 591.780821917808
Hourly Rate 73.972602739726

Rate Pay/hr Pay Total Pay

500 Monthly Rate 32000
0.25 15.625 31.25 656.25 Daily Rate 1052.05479452055
500 9-Apr 2104.1095890411
500 10-Apr 1052.05479452055
0 11-Apr 315.616438356164
0.25 15.625 15.625 578.125 Total GP 35,471.78
0.25 15.625 15.625 578.125
500 EE
500 GP 35,471.78
500 SSS 1125
500 PAG-IBIG 100
0 PhilHealth 532.08
500 Subtotal 33,714.70
500 WTH 2,595.43
500 Net Income 31,119.28
500
500
500
0
500
500
0.25 15.625 15.625 578.125
500
0.25 15.625 15.625 578.125
500
650
0.25 15.625 15.625 578.125
0.25 15.625 15.625 578.125
500
0.25 15.625 15.625 578.125
140.625 14,353.13

Rate Pay/hr Pay Total Pay

500
 500
500
500
0
0.25 15.625 15.625 578.125
0.25 15.625 15.625 578.125
500
500
500
500
0.39 24.375 48.75 861.25
500
500
500
0.25 15.625 15.625 578.125
500
500
650
500
500
500
500
500
500
0
0.25 15.625 15.625 578.125
500
500
500
111.25 14,823.75

ER

1305
100
222.36
1627.35625
Rate Pay/hr Pay Total Pay
500
500
500
500
650
0.25 15.625 15.625 578.125
0.25 15.625 15.625 578.125
500
500
500
500
0.39 24.375 24.375 755.625
0.25 15.625 31.25 656.25
500
500
500
500
500
0
0.25 15.625 31.25 656.25
500
500
500
0.25 15.625 15.625 578.125
500
0
500
0.25 15.625 15.625 578.125
500
0.25 15.625 15.625 578.125
165 15,108.75

4,816.78
Hours Rate Pay/hr Pay OT Hours Rate Pay/hr
13 3.9 288.493151 3750.41096 5 1.17 86.5479452
1 2 147.945205 147.945205 1 0.6 44.3835616

ER

2155
100
532.08
2787.07671
Pay NSD Hours Rate Pay/hr Pay Total Pay
432.739726 2 0.507 37.5041096 75.0082192 4258.1589
44.3835616 1 0.26 19.2328767 19.2328767 211.561644
4,469.72
 EE ER EE ER
GP 150,000.00 GP 9,500.00
SSS 1125 2155 SSS 427.5 817.5
PAG-IBIG 100 100 PAG-IBIG 100 100
PhilHealth 900.00 900.00 PhilHealth 150.00 150.00
Subtotal 147,875.00 3155 Subtotal 8,822.50 1067.5
WTH 35,195.73 WTH -
Net Income 112,679.27 Net Income 8,822.50

202,917.50 24,552.50
Hourly Rate 65
Day Kind Hours Rate Pay/hr Pay OT Hours
1 Special 10 1.45 94.25 942.5 2
2 8 1 65 520
3 8 1 65 520
4 8 1 65 520
5 Rest Day 0 1.45 94.25 0
6 8 1 65 520
7 8 1 65 520
8 8 1 65 520
9 8 1 65 520
10 9 1 65 585 1
11 8 1 65 520
12 Rest Day 0 1.45 94.25 0
13 8 1 65 520
14 8 1 65 520
15 10 1 65 650 2
16 8 1 65 520
17 8 1 65 520
18 0 1 65 0
19 Rest Day 0 1.45 94.25 0
20 4 1 65 260
21 8 1 65 520
22 8 1 65 520
23 8 1 65 520
24 9 1 65 585 1
25 8 1 65 520
26 Rest Day 4 1.45 94.25 377
27 9 1 65 585 1
28 9 1 65 585 1
29 9 1 65 585 1
30 Reg Hol 10 2.5 162.5 1625 2
211 15099.5 11
Reg Pay 13715
Hol Prem 1384.5
EE ER
1142.91667 GP 15,367.30
SSS 697.5 1347.5
PAG-IBIG 100 100
PhilHealth 230.51 230.51
Subtotal 14,339.29 1678.0095
WTH 0
 Net Income 14,339.29
SUPERVISOR
Daily Pay 854.794521
Monthly Pay 26000 2166.66667

EE ER
GP 26,000.00
SSS 1125 2155
PAG-IBIG 100 100
PhilHealth 390.00 390.00
Subtotal 24,385.00 2645
WTH 710.40
Net Income 23,674.60

BOOKKEEPER
Daily Pay 512.876712
Monthly Pay 15600

EE ER
GP 15,600.00
SSS 697.5 1347.5
PAG-IBIG 100 100
PhilHealth 234.00 234.00
Subtotal 14,568.50 1681.5
WTH -
Net Income 14,568.50

WIP 13000
WIP U-28 117
13117
GP 41,367.30
To FOH 28,250.30
Gov 6004.5095
Rate Premium/hr Pay Total Pay GP
0.435 28.275 56.55 999.05 SSS
520 PAG-IBIG
520 PhilHealth
520 Subtotal
0 WTH
520 Net Income
520
520
520 GP
0.25 16.25 16.25 601.25 SSS
520 PAG-IBIG
0 PhilHealth
520 Subtotal
520 WTH
0.25 16.25 32.5 682.5 Net Income
520
520
0
0
260
520
520
520 Hourly Rate
0.25 16.25 16.25 601.25 Day
520 22-Aug
377 23-Aug
0.25 16.25 16.25 601.25
0.25 16.25 16.25 601.25
0.25 16.25 16.25 601.25 Hourly Rate
0.75 48.75 97.5 1722.5 Rest Day, OT
267.8 15367.3

Hourly Rate
Special Work
EE ER
520,455.00
0 0
0 0
0 0
520,455.00 0
60,113.75
460,341.25

EE ER
35,000.00
0 0
0 0
0 0
35,000.00 0
2,916.75
32,083.25

35,001.00

25,112.75

81.25
Kind Hours Rate Pay/hr Pay OT Hours Rate
Ord 18 1 81.25 1462.5 10 0.25
Rest Day 7 1.3 105.625 739.375 7 0.39

70
1.69
118.3

130
1
130
Premium/hr Pay NSD Hours Rate Premium/hr Pay Total Pay
20.3125 203.125 2 0.125 10.15625 20.3125 1685.9375
31.6875 221.8125 6 0.169 13.73125 82.3875 1043.575
2729.5125
MANAGER
Daily Rate 1196.71233
Vacation Lea 1795.06849

ENGR
Daily Rate 821.917808
Vacation Lea 1232.87671

Vac Leave
1001 555
1002 615
1003 675
1004 675
1005 795

6,342.95 12,685.89
WAVE-ACTUAL COSTING (1-32)
Units to Account for DM Conversion
WIP, Beg 15,000.00 100% 60%
Started this Period 120,000.00
Total Units to Account for 135,000.00

Units Accounted for

Completed and Transferred Out 98,000.00 100% 100%
Normal Spolaige 5,000.00 100% 50%
Abnormal Spoilage 2,000.00 100% 50%
WIP, End 30,000.00 100% 60%
Total Units Accounted for 135,000.00

Costs to Account for

WIP, Beginning 3,000,000.00 1,000,000.00 2,000,000.00
Current Period Costs 8,400,000.00 2,400,000.00 6,000,000.00
Scrap Sale (15,000.00) (15,000.00)
Total 11,385,000.00 3,385,000.00 8,000,000.00
Rework Costs 100,000.00
Total Costs to Account for 11,485,000.00

EUP
Completed and Transferred Out 98,000.00 98,000.00
Normal Spolaige 5,000.00 2,500.00
Abnormal Spoilage 2,000.00 1,000.00
WIP, End 30,000.00 18,000.00
Total EUP 135,000.00 119,500.00

Cost per EUP 92.0197 25.0741 66.9456

Costs Accounted for

Cost of Regular Units 8,657,321.62
Normal Defficiency 60,000.00
To Next Dept 8,717,321.62

SUI-Normal 150,000.00
SUI-Abnormal 60,000.00

DUI-Normal Reworked 279,268.44 9,489,862.77

DUI-Abnormal Reworked 146,178.96

Loss from Abnormal Rework 40,000.00

Loss from Abnormal Deficiency 40,000.00
Loss from Spoilage 57,093.75

WIP, End 1,957,243.14 752,222.22 1,205,020.92

Normal Spoilage 37,894.09
Total WIP, End 1,995,137.23

Total Costs Accounted for 11,485,000.00

Cost of Normal Spoilage 292,734.39 125,370.37 167,364.02

UNITS Percentage Allocation
Started and Completed 83,000.00 0.73451327434 215,017.29
WIP, End 30,000.00 0.26548672566 77,717.09
Total Units 113,000.00
SV Net Allocation
Started and Completed 110,176.99 104,840.30
WIP, End 39,823.01 37,894.09

92,086.20 122,931.09
33,284.17 44,432.92
Total Rework Cost 100,000.00
Normal Rework 60,000.00
Abnormal Rework 40,000.00

Cost of Completed and T-out before Spoilage Allocation 9,017,928.72 2,457,259.26

Normal Spoilage Allocated to Completed and T-out 104,840.30 125,370.37
Cost of Completed and T-out Before Rework 9,122,769.02

Cost of Regular Units (xxx units) 8,657,321.62

Cost of Normal Reworked Units

Number of Normal Reworked Units 3000
Cost of Normal Reworked Units Before Normal Rework 279,268.44
Normal Rework Cost 60,000.00
Cost of Normal Reworked Units after Rework 339,268.44
Cost per Normal Reworked Unit 113.09
Deficiency per unit 20.00
NRV per Normal Reworked Unit 93.09
Total NRV of Normal Reworked Units 279,268.44
Total Normal Defficiency 60,000.00

Cost of Abnormal Reworked Units (500 units)

Number of Abnormal Reworked Units 2000
Cost of Abnormal Reworked Units Before Abnormal Rework 186,178.96
Cost per Abnormal Reworked Unit 93.09
Abnormal Deficiency per Unit 20.00
NRV per Abnormal Reworked Unit 73.09
Total NRV of Abnormal Reworked Units 146,178.96
Total Abnormal Defficiency 40,000.00

Cost of Abnormal Spoilage 57,093.75 50,148.15

 33-35 Units Percentage Allocation
Ascent 16000 0.21052632 757,894.74
Bind 24000 0.31578947 1,136,842.11
Split 36000 0.47368421 1,705,263.16
76000

36-38 SV Percentage Allocation

Ascent 400000 0.1242236 447,204.97
Bind 840000 0.26086957 939,130.43
Split 1980000 0.61490683 2,213,664.60
3220000

39-41 SV Processing Net Percentage

Ascent 1040000 110000 930000 0.1970339
Bind 1200000 44000 1156000 0.24491525
Split 2700000 66000 2634000 0.55805085
4720000

42-44 Split-off Processed Benefit Cost

Ascent 400000 480000 80000 130000
Bind 840000 960000 120000 50000
Split 1980000 2016000 36000 100000
Value Percentage Allocation
Ascent 400000 0.12158055 437,689.97
Bind 910000 0.27659574 995,744.68
Split 1980000 0.60182371 2,166,565.35
3290000

6,560,669.46
167,364.02
 SV
66,945.61 60,000.00
 AoE4 Company (45-50)
Cost of Production Report (FIFO)
Physical Percentage of Co
Units Calamansi
Units to Account for:
WIP, Beginning 4,000.00 100%
Started this Period 40,000.00
Compound Added 56,100.00
Total Units to Account for 100,100.00

Units Accounted for as follows:

Work on WIP, Beg 10,000.00 0.00%
Allocation Started and Completed 68,150.00 100%
709,322.03 Normal Spoilage 1 2,200.00 100%
881,694.92 Abnormal Spoilage 1 4,400.00 100%
2,008,983.05 Normal Spoilage 2 4,675.00 100%
Abnormal Spoilage 2 4,675.00 100%
WIP, Ending 6,000.00 100%
Margin Decision Total Units Accounted for 100,100.00
-50000 Split-off
70000 Processed EUP
-64000 Split-off Work on WIP, Beg -
Started and Completed 68,150.00
Normal Spoilage 1 2,200.00
Abnormal Spoilage 1 4,400.00
Normal Spoilage 2 4,675.00
Abnormal Spoilage 2 4,675.00
WIP, Ending 6,000.00
Total EUP 90,100.00
Percentage of Completion
Water Conversion

0% 25%

100.00% 75.00%
100% 100%
0% 50%
0% 50%
100% 50%
100% 50%
100% 80%

10,000.00 7,500.00
68,150.00 68,150.00
- 1,100.00
- 2,200.00
4,675.00 2,337.50
4,675.00 2,337.50
6,000.00 4,800.00
93,500.00 88,425.00
Hourly Rate 65
Day Kind Hours Rate Pay/hr Pay OT Hours
1 Special 10 1.45 94.25 942.5 2
2 8 1 65 520
3 8 1 65 520
4 8 1 65 520
5 Rest Day 0 1.45 94.25 0
6 8 1 65 520
7 8 1 65 520
8 8 1 65 520
9 8 1 65 520
10 9 1 65 585 1
11 8 1 65 520
12 Rest Day 0 1.45 94.25 0
13 8 1 65 520
14 8 1 65 520
15 10 1 65 650 2
16 8 1 65 520
17 8 1 65 520
18 0 1 65 0
19 Rest Day 0 1.45 94.25 0
20 4 1 65 260
21 8 1 65 520
22 8 1 65 520
23 8 1 65 520
24 9 1 65 585 1
25 8 1 65 520
26 Rest Day 4 1.45 94.25 377
27 9 1 65 585 1
28 9 1 65 585 1
29 9 1 65 585 1
30 Regular 10 2.5 162.5 1625 2
211 15099.5 11
1384.5
SUPERVISOR BOOKKEEPER
Monthly Pay 26000 Monthly Pay 15600
EE ER EE ER
GP 26,000.00 GP 15,600.00
SSS 1125 2155 SSS 697.5 1347.5
PAG-IBIG 100 100 PAG-IBIG 100 100
PhilHealth 390.00 390.00 PhilHealth 234.00 234.00
Subtotal 24,385.00 2645 Subtotal 14,568.50 1681.5
WTH 710.40 WTH -
Net Income 23,674.6000 Net Income 14,568.5000

Prod Hrs 13000

OT, Job U-28 117
13,117.00
To FOH 2,250.30
To FOH-Sup 26000
28,250.30
To FOH-Gov 6004.5095

2166.6666667
1142.9166667
 EE
Rate Premium/hr Pay Total Pay GP 35,000.00
0.435 28.275 56.55 999.05 SSS 0
520 PAG-IBIG 0
520 PhilHealth 0
520 Subtotal 35,000.00
0 WTH 2,916.75
520 Net Income 32,083.25
520
520 35,001.00
520 60,113.75
0.25 16.25 16.25 601.25 25,112.75
520
0 Hourly Rate 81.25
520 Day Kind
520 22-Aug
0.25 16.25 32.5 682.5 23-Aug Rest day
520
520
0 Hourly Rate 70
0 Rate 1.69
260 118.3
520
520 Hourly Rate 130
520 Rate 1
0.25 16.25 16.25 601.25 130
520
377
0.25 16.25 16.25 601.25
0.25 16.25 16.25 601.25
0.25 16.25 16.25 601.25
0.75 48.75 97.5 1722.5
267.8 15367.3

EE ER
GP 15,367.30
SSS 697.5 1347.5
PAG-IBIG 100 100
PhilHealth 230.51 230.51
Subtotal 14,339.29 1678.0095
WTH 0
Net Income 14,339.2905
ER

0
0
0
0

Hours Rate Pay/hr Pay OT Hours Rate Premium/hr

18 1 81.25 1462.5 10 0.25 20.3125
7 1.3 105.625 739.375 7 0.39 31.6875
Pay NSD Hours Rate Premium/hr Pay Total Pay
203.125 2 0.125 10.15625 20.3125 1685.9375
221.8125 6 0.169 13.73125 82.3875 1043.575
2729.5125
Manager 1795.06849 PH AH
Engr 1232.87671 349200 343800
1001 555 350000 350000
1002 615 800 6200
1003 675
1004 675 Actual PH
1005 795 Jan 414000
6342.94521 12685.8904 Feb 410400 399600
Mar 417600
Apr 410400 374400
May 378000 370800
Jun 360000
Jul 374000 363600
Var AH Var
0
10800 389700 20700
0
36000 382950 27450
7200 370800 7200
0
10400 365400 8600
ACTUAL COSTING
Department
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Trans-in Varnish DL
Units to Account for:
WIP, Beginning 2,000.00 100% 100% 80%
Started this Period 14,900.00
Total Units to Account for 16,900.00

Units Accounted for as follows:

Work on WIP, Beginning 2,000.00 0.00% 0.00% 20%
Started and Completed 11,300.00 100% 100% 100%
Normal Spoilage 200.00 100% 100% 100%
Abnormal Spoilage 400.00 100% 0% 30%
WIP, Ending 3,000.00 100% 0% 40%
Total Units Accounted for 16,900.00

Peso
Costs to Account for:
WIP, Beginning 32,352.00
Current Period Costs 310,674.00 137,080.00 14,030.00 46,000.00
Total Cost to Account for 343,026.00 137,080.00 14,030.00 46,000.00

Equivalent Units of Production:

Work on WIP, Beginning - - 400.00
Started and Completed 11,300.00 11,300.00 11,300.00
Normal Spoilage 200.00 200.00 200.00
Abnormal Spoilage 400.00 - 120.00
WIP, Ending 3,000.00 - 1,200.00
Total EUP 14,900.00 11,500.00 13,220.00

Cost per EUP 22.7996 9.20 1.22 3.48

Costs Accounted for as follows:

WIP, Beginning 32,352.00
Work on WIP, Beginning 6,731.83 - - 1,391.83
Total WIP, Beg Transferred Out 39,083.83
Started and Completed 257,635.21 103,960.00 13,786.00 39,319.21
Normal Spoilage 4,559.92 1,840.00 244.00 695.92
To FG 301,278.96
Spoiled Units Inventory -
 Abnormal Spoilage 4,631.55 3,680.00 - 417.55
Total Cost of Transferred Out 305,910.51
WIP, Ending 37,115.49 27,600.00 - 4,175.49
Normal Spoilage to WIP, End -
Total WIP, End 37,115.49
Total Costs Accounted for 343,026.00
 ACTUAL COSTING
Department
Cost of Production Report (WAVE)
ompletion Physical Percentage of Comple
OH Units Trans-in
Units to Account for:
70% WIP, Beginning 2,000.00 100%
Started this Period 14,900.00
Total Units to Account for 16,900.00

Units Accounted for as follows:

30% Completed and Trans-out 13,300.00 100.00%
100% Normal Spoilage 200.00 100%
100% Abnormal Spoilage 400.00 100%
15% WIP, Ending 3,000.00 100%
20% Total Units Accounted for 16,900.00

Peso
Costs to Account for:
WIP, Beginning 32,352.00 15,020.00
Current Period Costs 310,674.00 137,080.00
113,564.00 Total Cost to Account for 343,026.00 152,100.00
113,564.00
Equivalent Units of Production:
Completed and Trans-out 13,300.00
600.00 Normal Spoilage 200.00
11,300.00 Abnormal Spoilage 400.00
200.00 WIP, Ending 3,000.00
60.00 Total EUP 16,900.00
600.00
12,760.00 Cost per EUP 22.3800 9.00

8.90 Costs Accounted for as follows:

Completed and Trans-out 297,654.00 119,700.00
Normal Spoilage 4,476.00 1,800.00
To FG 302,130.00
5,340.00 Spoiled Units Inventory -
Abnormal Spoilage 4,536.00 3,600.00
100,570.00 Total Cost of Transferred Out 306,666.00
1,780.00 WIP, Ending 36,360.00 27,000.00
Normal Spoilage to WIP, End -
Total WIP, End 36,360.00
 534.00 Total Costs Accounted for 343,026.00

5,340.00
 ACTUAL COSTING
Department
Cost of Production Report (FIFO)
Percentage of Completion Physical
Varnish DL OH Units
Units to Account for:
100% 80% 70% WIP, Beginning 500.00
Started this Period 2,000.00
Total Units to Account for 2,500.00

Units Accounted for as follows:

100.00% 100.00% 100.00% Work on WIP, Beginning 500.00
100% 100% 100% Started and Completed 1,200.00
0% 30% 15% Normal Spoilage 200.00
0% 40% 20% Abnormal Spoilage 300.00
WIP, Ending 300.00
Total Units Accounted for 2,500.00

Peso
1,900.00 4,388.00 11,044.00 Costs to Account for:
14,030.00 46,000.00 113,564.00 WIP, Beginning 2,172.50
15,930.00 50,388.00 124,608.00 Current Period Costs 6,990.00
Total Cost to Account for 9,162.50

13,300.00 13,300.00 13,300.00 Equivalent Units of Production:

200.00 200.00 200.00 Work on WIP, Beginning
- 120.00 60.00 Started and Completed
- 1,200.00 600.00 Normal Spoilage
13,500.00 14,820.00 14,160.00 Abnormal Spoilage
WIP, Ending
1.18 3.40 8.8000 Total EUP

Cost per EUP 4.03

15,694.00 45,220.00 117,040.00
236.00 680.00 1,760.00 Costs Accounted for as follows:
WIP, Beginning 2,172.50
Work on WIP, Beginning 708.28
- 408.00 528.00 Total WIP, Beg Transferred Out 2,880.78
Started and Completed 4,833.14
- 4,080.00 5,280.00 Normal Spoilage -
To FG 7,713.92
Spoiled Units Inventory -
 Abnormal Spoilage 712.49
Total Cost of Transferred Out 8,426.41
WIP, Ending 736.09
Normal Spoilage to WIP, End -
Total WIP, End 736.09
Total Costs Accounted for 9,162.50
 ACTUAL COSTING
Department
Cost of Production Report (WAVE)
Percentage of Completion
Trans-in Materrials CC
Units to Account for:
100% 100% 40% WIP, Beginning
Started this Period
Total Units to Account for

Units Accounted for as follows:

0.00% 0.00% 60% Completed and Trans-out
100% 100% 100% Normal Spoilage
0% 0% 0% Abnormal Spoilage
100% 100% 30% WIP, Ending
100% 100% 33.33% Total Units Accounted for

Costs to Account for:

WIP, Beginning
Current Period Costs
1,000.00 2,000.00 3,990.00 Total Cost to Account for
1,000.00 2,000.00 3,990.00
Equivalent Units of Production:
Completed and Trans-out
- - 300.00 Normal Spoilage
1,200.00 1,200.00 1,200.00 Abnormal Spoilage
- - - WIP, Ending
300.00 300.00 90.00 Total EUP
300.00 300.00 100.00
1,800.00 1,800.00 1,690.00 Cost per EUP

0.56 1.11 2.36 Costs Accounted for as follows:

Completed and Trans-out
Normal Spoilage
To FG
- - 708.28 Spoiled Units Inventory
Abnormal Spoilage
666.67 1,333.33 2,833.14 Total Cost of Transferred Out
- - - WIP, Ending
Normal Spoilage to WIP, End
Total WIP, End
166.67 333.33 212.49 Total Costs Accounted for

166.67 333.33 236.09

Physical Percentage of Completion
Units Trans-in Materrials CC

500.00 100% 100% 40%

2,000.00
2,500.00

1,700.00 100.00% 100.00% 100.00%

200.00 100% 100% 100%
300.00 100% 100% 100%
300.00 100% 100% 33.33%
2,500.00

Peso

2,172.50 812.50 750.00 610.00

6,990.00 1,000.00 2,000.00 3,990.00
9,162.50 1,812.50 2,750.00 4,600.00

1,700.00 1,700.00 1,700.00

200.00 200.00 200.00
300.00 300.00 300.00
300.00 300.00 100.00
2,500.00 2,500.00 2,300.00

3.83 0.73 1.10 2.0000

6,502.50 1,232.50 1,870.00 3,400.00

765.00 145.00 220.00 400.00
7,267.50
-
1,147.50 217.50 330.00 600.00
8,415.00
747.50 217.50 330.00 200.00
-
747.50
9,162.50
Breeze Company
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Calamansi Water CC
Units to Account for:
WIP, Beg 4000 100% 0% 25%
Started this Period 40000
Water Added 56100
Total Units to Account for 100100

Units Accounted for:

Completed and Transferred Out 78150 100% 100% 100%
Normal Spoilage 1 2200 100% 0% 50%
Abnormal Spoilage 1 4400 100% 0% 50%
Normal Spoilage 2 4675 100% 100% 50%
Abnormal Spoilage 2 4675 100% 100% 50%
WIP, Ending 6000 100% 100% 80%
Total Units Accounted for 100100

EUP:
Completed and Transferred Out 78150 78150 78150
Normal Spoilage 1 2200 0 1100
Abnormal Spoilage 1 4400 0 2200
Normal Spoilage 2 4675 4675 2337.5
Abnormal Spoilage 2 4675 4675 2337.5
WIP, Ending 6000 6000 4800
Total EUP 100100 93500 90925
Velkhana Company
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Leather Buckle CC
Units to Account for:
WIP, Beg 600 100% 0% 30%
Started this Period 10000
Total Units to Account for 10600

Units Accounted for:

Work on WIP, Beg 600 0% 100% 70%
Started and Completed 8000 100% 100% 100%
Normal Spoilage 1 100 100% 0% 70%
Normal Spoilage 2 300 100% 100% 100%
Abnormal Spoilage 300 100% 0% 40%
WIP, Ending 1300 100% 0% 50%
Total Units Accounted for 10600

Costs to Account for:

WIP, Beg 4200
Current Period Costs 74450 30800 11250 32400
Scrap Sale 0
78650 30800 11250 32400
Rework Cost 0
Total Costs to Account for 78650

Equivalent Units of Production:

Work on WIP, Beg 0 600 420
Started and Completed 8000 8000 8000
Normal Spoilage 1 100 0 70
Normal Spoilage 2 300 300 300
Abnormal Spoilage 300 0 120
WIP, Ending 1300 0 650
Total EUP 10000 8900 9560

Cost per EUP 7.733166283 3.08 1.26404494 3.38912134

Costs Accounted for:

WIP, Beg 4,200.00
Work on WIP, Beg 2181.857929 0 758.426966 1423.43096
Started and Completed 61865.33026 24640 10112.3596 27112.9707
To FG 68,247.19 SV
To FOH Normal 1 245.2384937 308 0 237.238494 300
To FOH Normal 2 1419.949885 924 379.213483 1016.7364 900
Abnormal Spoilage 430.6945607 924 0 406.694561 900
To SUI 2100
WIP, Ending 6206.92887 4004 0 2202.92887
78,650.00

1,665.19

Abnormal Rework
Cost before Rework -
Deficiency 40000
NRV (40,000.00)
Velkhana Company
Cost of Production Report (FIFO)
Physical Percentage of Completion
Units Leather Buckle CC
Units to Account for:
WIP, Beg 600 100% 0% 30%
Started this Period 10000
Total Units to Account for 10600

Units Accounted for:

Work on WIP, Beg 600 0% 100% 70%
Started and Completed 8100 100% 100% 100%
Normal Spoilage 2 300 100% 100% 100%
Abnormal Spoilage 300 100% 0% 40%
WIP, Ending 1300 100% 0% 50%
Total Units Accounted for 10600

Costs to Account for:

WIP, Beg 4200
Current Period Costs 74450 30800 11250 32400
Scrap Sale 0
78650 30800 11250 32400
Rework Cost 4735
Total Costs to Account for 83385

Equivalent Units of Production:

Work on WIP, Beg 0 600 420
Started and Completed 8100 8100 8100
Normal Spoilage 2 300 300 300
Abnormal Spoilage 300 0 120
WIP, Ending 1300 0 650
Total EUP 10000 9000 9590

Cost per EUP 7.70851929 3.08 1.25 3.37851929

Costs Accounted for:

WIP, Beg 4,200.00
Work on WIP, Beg 2168.9781 0 750 1418.9781
Started and Completed 62439.0063 24948 10125 27366.0063
To FG 68,807.98
To FOH Rework 4735
To FOH Normal 2 1412.55579 924 375 1013.55579
Abnormal Spoilage 429.422315 924 0 405.422315
To SUI 1800
WIP, Ending 6200.03754 4004 0 2196.03754
83,385.00
 Velkhana Company
Cost of Production Report (WAVE)
Physical Percentage of Completion
Units Leather Buckle
Units to Account for:
WIP, Beg 600 100% 0%
Started this Period 10000
Total Units to Account for 10600

Units Accounted for:

Completed and Transferred Out 8700 100% 100%
Normal Spoilage 2 300 100% 100%
Abnormal Spoilage 300 100% 0%
WIP, Ending 1300 100% 0%
Total Units Accounted for 10600

Costs to Account for:

WIP, Beg 4200 3000
Current Period Costs 74450 30800 11250
Scrap Sale 0
78650 33800 11250
Rework Cost 4735
Total Costs to Account for 83385

Equivalent Units of Production:

Completed and Transferred Out 8700 8700
Normal Spoilage 2 300 300
Abnormal Spoilage 300 0
WIP, Ending 1300 0
Total EUP 10600 9000

Cost per EUP 7.87777853 3.18867925 1.25

Costs Accounted for:

Completed and Transferred Out 68536.6732 27741.5094 10875
To FOH Normal 2 1463.33356 956.603774 375
Rework Cost 4735
To FG 74,735.01
Abnormal Spoilage 469.295688 956.603774 0
To SUI 1800
SV WIP, Ending 6380.69755 4145.28302 0
900 83,385.00
900
ge of Completion
CC

30%

100%
100%
40%
50%

1200
32400

33600

8700
300
120
650
9770

3.43909928

29920.1638
1031.72979 900

SV
412.691914 900

2235.41453