STEP 1. PHYSICAL FLOW STEP 2.

EQUIVALENT UNITS

Beginning WIP 5,000.00

Units started 10,000.00
Units to account for 15,000.00

Units completed 12,000.00

Ending WIP 3,000.00
Units accounted for 15,000.00

STEP 3. COST PER UNIT

Material Labor Overhead
Total Costs to Account For 100,000.00 200,000.00 300,000.00
No. of equivalent units 15,000.00 13,800.00 13,800.00
Cost per unit 6.67 14.49 21.74

STEP 4. ALLOCATION OF COST

Material Labor Overhead

Units completed 80,000.00 173,913.04 260,869.57
Ending WIP 20,000.00 26,086.96 39,130.43
Total Costs Accounted for 100,000.00 200,000.00 300,000.00
ALENT UNITS
% completion equivalent units
Materials Labor OH Materials Labor OH

100% 100% 100% 12,000.00 12,000.00 12,000.00

100% 60% 60% 3,000.00 1,800.00 1,800.00
15,000.00 13,800.00 13,800.00