DOUBLE DIAMOND SKIS Shaping and Milling Department Production Report (weighted-average method) Quantity Schedule and Equivalent Units Units to be accounted for: Work in process, May 1 (50% materials, 30% conversion added last month)....... Started into production Total units 5,200 Equivalent Units (EU) Units accounted for as follows: Transferred to the next department. Work in process, May 31 (40% materials 25% conversion added this month). 160 100t Total units and equivalent units of production 4,960 4,900 40% x 400 units -160 equivalent units 125% x 400 units 100 equivalent units Costs per Equivalent Unit Cost to be accounted for: Work in process, May 1 s 4.000 3000 1.000 Cost added in the shaping and milling 44000 74,000 Total cost (a) 5148.000 $77,000 $71.000 Equivalent units of production (above) (b).. Cost per EU, (a) (b) 4,900 $15.524 $14.490 $30.014 EU Equivalent unit Cost Reconciliation Equivalent Units (above) Total Cost accounted for as follows: Transferred to next department 4,800 units x S30 014 per unit $144.067 4,800 Work in process, May 31: Materials, at $15.524 per EU. 160 Conversion, at $14.490 per EU Total work in process, May 31. 3933 S148.000 Total cost