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Norman Company Production Cost Report- Finishing Department Month Ended September 30, 2018 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for
Norman Company Production Cost Report- Finishing Department Month Ended September 30, 2018 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for Beginning work-in-process 300 2,000 Started in production Total units to account for Units accounted for Completed and transferred out (b) (d 300 Ending work-in-process Total units accounted for Direct Conversion Total COSTS Materials Costs Costs Costs to account for Beginning work-in-process 1,000 14,640 0) S 4,005 1,900 Costs added during period Units accounted for Completed and transferred out (b) (d 300 Ending work-in-process Total units accounted for Direct Conversion Total COSTS Materials Costs Costs Costs to account for C) S 4,005 Beginning work-in-process 1,000 14,640 1,900 Costs added during period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for 4,905 20,545 Completed and transferred out Ending work-in-process (x) S 20,545 Total costs accounted for Complete the missing amounts in the following production report. Materials are added at the beginning of the process; conversion costs are incurred evenly, the ending inventory is 60% complete. The company uses the weighted-average method EE (Click the icon to view the production report.) Begin with the equivalent units of production for direct materials and for conversion costs Norman Company Production Cost Report- Finishing Department Month Ended September 30, 2018 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units to account for: 300 2,000 2,300 Beginning work-in-process Started in production Total units to account for Units accounted for: Completed and transferred out 300 Ending work-in-process Enter any number in the edit fields and then continue to the next question. Complete the production cost report that you began in the step above by caloulating the costs per equivalent unit in this step, and then by calculating the the total cost af urits completed and transferred out and of units in ending inventory in the following step. (Enter the cost per equivalent unitamounts to the nearest cent and all other amounts to the nearest dolar Abbreviation used: EUP = 0qurvalont units of production.) Norman Company Production Cost Report Finishing Department Month Ended September 30, 2018 Direct Total COSTS Materials Costs Costs Costs to account for Beginning work-in-process 1,000 4,640 1 ,900 4,005 Costs added during period Total costs to acoount for Divided by: Total EUP Cost per equivalent unit Costs accounted for 4,905 20,545 Complebed and transterred out Ending work-in-proce88 20,545 Total costs accounted for Enter any number in the edit fields and then continue to the next
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