Flow of production units (WACC) UNITS Units to account for Apple Hilly Farms Production cost report Equivalent Units Physical Direct Materials Conversion costs units % e.u % e.u Beginning Work-in-Process 500 Transferred in 8250 Total units to acount for 8750 Units accounted for: Transferred to out Ending Work-in-Process Total units acccounted for 7750 100% 7750 100% 7750 1000 100% 1000 50% 500 8750 8750 8250 COSTS Total Costs Direct Materials Conversion costs Costs to account for: Beginning Work-in-Process $ 4,750 $ 1,400 $ 3,350 Costs added during the period $ 56,000 $ 17,500 $ 38,500 Total costs to account for $ 60,750 $ 18,900 $ 41,850 Divided by: EUP this period Cost per equivalent unit Materials Conversion costs 8,750 8,250 es $ 2.16 $ 5.07 Costs accounted for: Costs assigned to units transferred out: Materials $ 16,740 $ Conversion $ 39,314 16,740 (7750*2.16) (7750*5.07) $ 39,314 Total costs of units transferred out $ 56,054 Costs assigned to ending WIP inventory: Materials 2,160 $ 2,160 (500*5.07) Conversion $ 2,536 (1000*2.16) $ 2,536 Total costs of ending WIP inventory $ 4,696 Total costs accounted for $ 60,750 $ 18,900 $ 41,850