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N16 1 Enter titles and accounts in the green cells Enter Numbers in the blue cells 3 Enter your Calculations in the yellow cells 4

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N16 1 Enter titles and accounts in the green cells Enter Numbers in the blue cells 3 Enter your Calculations in the yellow cells 4 5 Unit 4 Process Costing 7 8 Reno Co has several processing departments. Costs charged to Department A for January totaled $265,500 9 WIP 1/1 10 Materials $13,500 11 Conversion costs 8000 $21,500 12 Materials added during the month 75,000 13 Labor added during the month 104,750 14 Overhead added during the month 64,250 15 16 Records indicated that 3,500 units were in beginning WIP 30% completed as to conversion costs. 17,500 units were started 17 into production and 4,000 units were in ending WIP 60% complete as to conversion costs. Materials are entered at the 18 beginning of each process. 19 20 Beginning Units 3,500 21 Started Units 17,500 22 Ending Units 4,500 23 Materials 100% complete 24 Conversion 70% complete 25 26 1. Determine the EUP (equivalent units of production) 27 2. Determine the assignment of costs to goods transferred out and in process 28 29 WIP Dept 1 Resources Problem 1 O Type here to search e X

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