| Ch 03 Ex 3-12 Use the following information for the Exercises below. The following information applies to the questions displayed below The following partially completed process cost summary describes the July production activities of Ashad C production output is sent to its warehouse for shipping. All direct materials are added to products when proo begins. Beginning work in process inventory is 20% complete with respect to conversion. Direct Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Materials Conversion 35,508 EUP 35,500 EUP 3,003 EUP 1,880 EUP 38,503 EUP 37,300 EUP Direct Materials Conversion Costs per EUP Costs of beginning work in process Costs incurred this period Total costs 5 24,150 2,908 213,448 5e 216, 348 483.208 Units in beginning work in process (all completed during July) Units started this periad Units completed and transferred out Units in ending work in process 2,5e0 36,880 35,500 3,800 Exercise 3-12 Weighted average: Completing a process cost summary LO C3 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal plec Total costs to account for Total costs accounted for Difterence due to rounding cost/unit 0.00 0.00 Units to account for Total units to account for Total units accounted for Total units accounted for t Units of Production (EUP) Weighted Average Method EUP Units %Conversion conversion % Materials EUP-Materials Equivalent units of production per EUP Materials Total costs -Equivalent units of production Cost per equivalent unit of production Costs Costs EUP EUP and Re Cost per Total cost Costs transferred out EUP EUP Direct materials Total transferred out Costs of ending work in process Cost per EUP EUP Total cost Direct materials 0.00 0.00 Total ending work in process Total costs accounted for Ch 03 Ex 3-12 Required Information Use the following information for the Exercises below. The foilowing infomation applies to the questions displayed below Total costs to account for Total costs accounted for Difference due to rounding costlunit The following partially completed process cost summary describes the July production activities of Ashad Company, Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. Units to aocount for Direct conversion Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production 35, 598 LUP , 5ee LUP 3.838 LUP 1.838 LUP Total units to account for Total units accounted for 88 EUP 37 Direct Totel units accounted for Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Units of Production (EUP)- Weighted Average Method 24,158 2,999 EUP- Units % Materials EUP-Materials % Conversion 427, 350 216, 34e Equivalent units of production Units in beginning work in process (all completed during July) Units started this period Units completed and transferred out Units in ending work in process 2, see 36,ee0 s,5e0 3,eee per Total costs Costs Costs Equivalent units of production Coat per equivalent unt of production EUP EUP Exerclse 3-12 Welghted average: Completing a process cost summary Lo C3 t and Prepare its process cost summary using the weighted average method. (Round "Cost per EUP" to 2 declmal places.) Cost per EUP Coats transierred out EUP Total cost Direct mataria Total transferred cut Costs of ending work in process Cost pe EUP EUP Total cost Direct materials Total ending work in process Total costs accounted for
