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I NEED ANSWERS FOR 1 2 . 0 7 , 1 2 . 1 3 , 1 2 . 1 4 , 1 2 .

I NEED ANSWERS FOR 12.07,12.13,12.14,12.15, and 12.16
Month of January
Selected information for January is presented below. Note that the applied overhead rate was
50% of direct labor costs in the molding department.
Molding Department
Goods in-process as of January 1 were 3,300 figurines at a cost of $58,740.00. Of this amount, $52,800.00 was from
raw materials added, $3,960.00 for labor and $1,980.00 for overhead. These 3,300 figurines were assumed to be
60.00% complete as to labor and overhead.
During January, 25,500 units were started, $412,845.00 of materials and $50,040.00 of labor costs were incurred.
The 4,500 figurines that were in-process at the end of January were assumed to be 60.00% complete to
labor and overhead.
All figurines in January passed inspection.
MOLDING
Physical Flow of Units
Work-in-Process - Beginning 3,300 units {12.01}
Units Started this Period 25,500 units
Units to Account for 28,800 units {12.02}
Total transferred out 24,300 units {12.03}
Work-in-Process - Ending 4,500 units {12.04}
Total Accounted for 28,800 units {12.05}
Equivalent Units Material (Round to three places, ##.###.###)25,500.00 units {12.06}
Equivalent Units Conversion (Round to three places, ##.###.###){12.07}
Total cost in the Beginning Inventory (Round to two places, ##,###.##) $58,740.00{12.08}
Total cost of Material this period (Round to two places, ##.###.##)
Equivalent Units Material (Round to three places, ##.###.###)
Total cost of Material this period (Round to two places, ##.###.##) $412,845.00{12.09}
Total cost of Conversion this period (Round to two places, ##.###.##)
Equivalent Units Conversion (Round to wo places
Total cost of Conversion this period (Round to two places, ##.###.##) $75,060.00{12.10}
Total cost of Material this period (Round to two places, ##.###.##)
Total cost of Conversion this period (Round to two places, ##.###.##)
Total cost to account for (Round to two places, ##.###.##) $546,645.00{12.11}
Total cost of Material this period (Round to two places, ##.###.##)412845
Equivalent Units Material (Round to three places, ##.###.###)25000
Cost per equivalent unit of Material this period (Round to seven places, ###.#######) $16.1900000{12.12}
Total cost of Conversion this period (Round to two places, ##.###.##)
Equivalent Units Conversion (Round to three places, ##.###.###)
Cost per equivalent unit of Conversion this period (Round to seven places, ###.#######){12.13}
Cost per equivalent unit of Material this period (Round to seven places, ###.#######)
Equivalent Units Material (Round to three places, ##.###.###)
Cost per equivalent unit of Conversion this period (Round to seven places, ###.#######){12.14}
Cost of the units transferred, material and convesCost of the ending inventory, material and convesion (Round to two places, $###,###.## ){12.15}
Total cost accounted for (Round to two places, $###,###.## ){12.16}

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