Based on the information in the exhibits, enter the appropriate positive whole amounts or unit costs for June20X1 in the associated cells.

Determine the equivalent units of production (EUP) for the following items.

	EUP
1. Materials
2. Labor
3. Overhead

Determine the equivalent cost per EUP for the following items.

	Cost per EUP
4. Materials
5. Labor
6. Overhead

Determine the total cost of the following items.

	Total cost
7. Transferred out
8. Ending WIP

Supporting Docs/Exhibits below

1.

	Machining
Materials	$240,000
Labor	140,000
Overhead	65,000

2. Hey Nancy,

I hope your first week has gone smoothly and that you are enjoying working here. I will need your help to calculate equivalent units of production and the costs per equivalent unit. I may need your help calculating total costs for some departments as well. Let me know if there are any issues.

Warm regards, Jason

3. Jason,

I just wanted to be sure that you were informed of the percentage of completion of units in process at June 30, Year 2. For the 20,000 units in process at the end of the period, the cost of materials is 100% complete, labor is 50% complete, and overhead is 25% complete. Let me know if you need anything more.

Best, Garth

4. Machining

Units in process, June 1, Year 2

0

Units transferred from preceding department

0

Units started in production

80,000

Units completed and transferred out

60,000

Units in process, June 30, Year 2

20,000

Units spoiled in production

0

5. Hey Nancy,

Welcome to the team! To help get you started, I just wanted to provide a little background on what we do here. We produce a single product. Our operations are a continuing process carried on in two departments: machining and finishing. In our production process, materials are added to the product in each department without increasing the number of units produced. If you have any questions, please do not hesitate to ask me.

Sincerely, Jason