Cost of work in process, beginning of month: Materials................................................................................... $ 2,600 Labor ...................................................................................... 2,300 Factory overhead.................................................................... 1,000 $ 5,900 Cost of production for month: Materials................................................................................... $ 10,000 Labor ...................................................................................... 7,500 Factory overhead.................................................................... 6,000 23,500 Total costs to be accounted for...................................... $ 29,400 Unit output for month: Finished and transferred to finished goods during month 13,000 Equivalent units of work in process, end of month (2,000 units, one-half completed)........................................ 1,000 Total equivalent production........................................... 14,000 Unit cost for month: Materials ($2,600 + $10,000) 14,000................................ $ .90 Labor ($2,300 + $7,500) 14,000........................................ .70 Factory overhead ($1,000 + $6,000) 14,000................... .50 Total................................................................................... $ 2.10 Inventory costs: Costs of goods finished and transferred to finished goods during month (13,000 $2.10)............................................. $ 27,300 Materials (2,000 1/2 $.90)......................................... $ 900 Labor (2,000 1/2 $.70)............................................... 700 Factory overhead (2,000 1/2 $.50).......................... 500 2,100 Total production costs accounted for.......................................... $ 29,400

			Mixing Department
			Cost of Production Summary
			Month ending Jun. 30, 2016
			Equivalent Units
		Physical			Conversion
		Units		Materials	Costs
		Step 1		Step 2
Quantities
Units to be accounted for:
Work in Process, 6/1/16		-
Started into Production		-
Total Units		-
Units Accounted for:
Transferred Out		-		-	-
Work in Process, 6/30/16		-		-	-
Total Units		-		-	-
Costs
					Conversion	Total
Unit Costs	Step 3			Materials	Costs	Costs
Total Costs		a		-	-	-
Equivalent Units		b		-	-
Unit Costs (a/b)				0.000	-	0
Costs to be accounted for:
Work in Process, 6/1/16						-
Started into production						-
Total Costs						-
Cost Reconciliation Schedule		Step 4
Costs accounted for:
Transferred Out: ( ,000 x .00)						-		0
Work in Process, 6/30/16
Materials ( ,000 x .00)
Conversion Costs ( ,000 x .00)						-
						-
Total Costs						-