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Just need to fill out the production report using the data block B D E Prior Period Percent Materials Conversion 90% 80% Current Period Percent
Just need to fill out the production report using the data block
B D E Prior Period Percent Materials Conversion 90% 80% Current Period Percent Materials Conversion 10% 20% 1 Data Block: 2 3 SUPREME MANUFACTURING 4 Mixing Department Production Report 5 FIFO Cost Processing 6 For the Month Ended April 30, 2021 7 8 Production data: 9 Units in process, beginning 10 Units started into production 11 Units completed & transferred 12 Units in process, ending 13 14 15 16 17 Cost data: 18 Work in process inventory, beginning 19 20 Cost added during month: 21 22 23 30,000 200,000 160,000 40,000 100% 75% 100% 75% Materials Conversion $ 67,800 $ 30,200 579,000 $ 248,900 A B D E E F G H 1 4 2 Supreme Manufacturing 3 Mixing Department Production Report FICO Cost Processing 5 For the Month Ended April 30, 2021 6 7 Quantity Schedule and Equivalent Units 8 9 Quantity 10 Schedule 11 Units to be accounted for: 230,000 12 Work in process, beginning 30,000 13 Started into production 200,000 14 Total units 15 16 Equivalent Units (EU) 17 Materials Conversion 18 Units accounted for as follows: 19 Transferred to packaging: 20 From beginning inventory 21 Started & completed this month 22 Work in process, ending 23 Total units and equivalent 24 units of production 25 26 Costs per Equivalent Unit 27 28 Total Cost Materials Conversion Whole Unit 29 Work in process, beginning 30 Cost added by the department 31 Total cost 32 33 Equivalent units of production 34 Cost per equivalent unit 35 Cost Reconciliation Equivalent Units (above) Total Cost Materials Conversion Cost accounted for as follows: Transferred to packaging From the beginning inventory: Cost in the beginning inventory Cost to complete these units: Materials Conversion Total cost Started and completed this month Total cost transferred Work in process, ending: Materials Conversion Total work in process Total cost accounted forStep by Step Solution
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