Complete the missing amounts in the following production report. Materials are added at the beginning of the
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Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...
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BRYAN COMPANY Production Cost Report-FINISHING DEPARTMENT Month Ended September 30, 2016 Equivalent Units Whole Transferred Conversion UNITS Materials Units to account for Beginning work-in-process Started in production 900 1,400 Total units to account for Units accounted for Completed and transferred out Ending work-in-process (by Total units accounted for Transferred in Conversion COSTS Materials Costs to account for 1,600 15,420 Beginning work-in-process S 3,050 Costs added during period 3,691 5,141 n/a Total costs to account for Divided by: Total EUP Cost per equivalent unit 22,161 Costs accounted for n/a nva Ending work-in-process Total costs accounted for (us S 22,161
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Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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