1 Physical Units Transferred-In Costs Direct Materials Conversion Costs (tons) 2 Work in process, beginning inventory (June 1) 60 $51,000 $0

1 Physical Units Transferred-In Costs Direct Materials Conversion Costs (tons)

2 Work in process, beginning inventory (June 1) 60 $51,000 $0 $24,000
3 Degree of completion, beginning work in process 100% 0% 50%
4 Transferred-in during June 100
5 Completed and transferred out during June 120
6 Work in process, ending inventory (June 30) 40
7 Degree of completion, ending work in process 100% 0% 75%
8 Total costs added during June $120,000 $33,000 $63,600
Requirements:
Calculate equivalent units of transferred-in costs, direct materials, and conversion costs Summarize the total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials, and conversion costs. Assign costs to units completed (and transferred out) and to units in ending work in process.

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