Home / Questions / Prepare a schedule showing physical units of production
|
Production Data |
June |
||
| Beginning work in process units | -0- | ||
| Units started into production | 20,000 | ||
| Ending work in process units | 2,000 | ||
| Percent complete-ending inventory | 60% | ||
| Cost Data | |||
| Materials | $198,000 | ||
| Labor | 50,400 | ||
| Overhead |
112,800 |
||
| Total |
$361,200 |
|
Physical Units |
|
| Units to be accounted for | |
| Work in process, June1 | |
| Started into production | |
| Total units | |
| Units accounted for | |
| Transferred out | |
| Work in process, June30 | |
| Total units |
| Materials | |
| Conversion costs |
Compute the unit costs of production.
| Unit cost-Materials | $ |
| Unit cost-Conversion costs | $ |
| Total unit costs | $ |
Determine the costs to be assigned to the units transferred and in process for June.
| Costs accounted for | ||
| Transferred out | $ | |
| Work in process, June 30 | ||
| Materials | $ | |
| Conversion costs | ||
| Total costs |
$ |
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