NEW IMAGE SPORTS 1 7,200 28,800 21,600 12,000 A A A 6,000 21,600 14.400 3 Beginning Work In Process # Started During the Month 5 Good Units Completed & Transferred Out During the Month 6 Ending Work in Process 7 8 Cost of Beginning Work In Process - Direct Materials 9 Direct Materials Cost Added During the Period 10 Conversion Costs Added During the Period 11 12 Percentage Complete 13 Beginning Work In Process - Direct Materials 14 Beginning Work In Process - Conversion Costs 15 Ending Work In Process - Direct Materials 16 Ending Work In Process - Conversion Costs 17 Normal Spoilage - Direct Materials 18 Normal Spoilage - Conversion Costs 19 20 New Image is using FIFO mthod. 21 100% 33% 100% 60% 100% 100% B Calculate EQUS Direct Materials Conversion 5 6 Flow of Production Physical Units 7 beginning work in progress 7,200 8 Work started 28,800 9 To Account For 36,000 10 11 Good Units Completed and Transferred Out During The Period: 12 beginning work in progress 7,200 13 Work started 28,800 14 Normal Spodlage 15 Ending work in process 12.000 16 Accounted For 17 78 Step 3 - Accumulation of Costs 19 Costs Total Production Costs 20 21 2 Total Costs to Account For 23 24 Step #14 - Calculate Cost Per EQU 25 Direct Materials Conversion 27 Cost Per EQU 28 29 Step #5 - Assignment of Costs Bo Good Units Completed and Transferred Out : 11 3 4 5 Total Cost of Good Units Completed and Transferred Out 36 17 Costs Accounted For Data Sheet - New Image Solution Sheet - Non Ima B Calculate EQUS Direct Materials Conversion 5 6 Flow of Production Physical Units -7 beginning work in progress 7,200 8 Work started 28,800 9 To Account For 36,000 10 11 Good Units Completed and Transferred Out During The Period: 12 beginning work in progress 7,200 13 Work started 28,800 14 Normal Spotage 15 Ending work in process 12.000 16 Accounted For 17 78 Step 3 - Accumulation of Costs 19 Costs Total Production Costs 20 21 2 Total Costs to Account For 23 24 Step #14 - Calculate Cost Per EQU Direct Materials Conversion 27 Cost Per EQU 28 29 Step #5 - Assignment of Costs Bo Good Units Completed and Transferred Out : 11 2 3 4 95 Total Cost of Good Units Completed and Transferred Out 17 Costs Accounted For Data Sheet - New Image Solution Sheet - New Ima