Complete five-step procedure in second department (Learning Objective 4)

Alpha Semiconductors experienced the following activity in its Photolithography Department during December. Materials are added at the beginning of the photolith¬ ography process.

Requirements (Hint: Use Exhibits 4-12, 4-13 and 4-14 as guides if needed.)
1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferred-in, direct materials, and conversion costs.
2. Summarize total costs to account for and compute the cost per equivalent unit for each cost category.
3. Assign total costs to

(a) units completed and transferred to Finished Goods Inventory and

(b) units in December 31 Work in Process Inventory.

Transcribed Image Text:

Units: Work in process, December 1 (80% of the way through the process).......... Transferred in from the Polishing and Cutting Department during December..... Completed during December. Work in process, December 31 (70% of the way through the process)..... Costs: Work in process, December 1 (transferred-in costs, $20,050; direct materials costs, $20,250; and conversion costs, $19,816)..... Transferred in from the Polishing and Cutting Department during December 8,000 units 27,000 units ? units 9,000 units $60,116 97,200 Direct materials added during December.............. Conversion costs added during December. 74,250 90,650