5 & 6

In Shady company materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and prodata for its sterilizing Department in selected months during 2017 are as follows. Compute the physical units for January and May Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. The cutting Department of Cassel Company has the following production and cost data for July. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Instructions Determine the equivalent units of production for (1) materials and (2) conversion costs Compute unit costs and prepare a cost reconciliation schedule. The Sanding Department of Quik Furniture Company has the following production F and manufacturing cost data for March 2017, the first month of operation. Production: 7,000 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs