Blending Department

Production Report for May

Units to account for:

Units, beginning work in process

Units started

Total units to account for

Units started and completed

Units, beginning work in process

Units, ending work in process

Equivalent units of output

Costs to account for:

Beginning work in process

Incurred during the period

Total costs to account for

Cost per equivalent unit:

Current costs

Divided by equivalent units

Cost per equivalent unit

UNIT INFORMATION

Units accounted for:

Units completed

Units, ending work in process

Total units accounted for

Equivalent Units

COST INFORMATION

Direct Conversion

Materials

Costs

Total

$$1,500$

$$525$

$$2,025$

$\frac{23,475}{\text{\$}25,500}$

FIFD

$90,000$

$\frac{30,000}{120,000}$

Total costs accounted for

What process costing method is being used by Bienstar? FIFO

If conversion costs are assumed to be added evenly throughout the period, then what is the

estimated completion percentage for the units in ending work in process? $40\%(\frac{1}{20})$

If conversion costs are assumed to be added evenly throughout the period, then what was the

estimated completion percentage for the units in beginning work in process? $70\%Cl-Cl$

$>$ What is the credit side of the journal entry that is supported by this production report?

WIP$-$BLenaing