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(Appendix 6A) First-In, First-Out Method; Single-Department Analysis; One Cost Category

Millie Company produces a product that passes through an assembly process and a finishing process. All manufacturing costs are added uniformly for both processes. The following information was obtained for the assembly department for June:

a. WIP, June 1, had 24,000 units (60% completed) and the following costs:

Direct materials	$186,256
Direct labor	64,864
Overhead applied	34,400

b. During June, 70,000 units were completed and transferred to the finishing department, and the following costs were added to production:

Direct materials	$267,880
Direct labor	253,000
Overhead applied	117,600

c. On June 30, there were 10,000 partially completed units in process. These units were 70% complete.

Required:

Prepare a production report for the assembly department for June using the FIFO method of costing. The report should disclose the physical flow of units, equivalent units, and unit costs and should track the disposition of manufacturing costs. Carry the unit cost computation to four decimal places and use rounded value in the following computations. If required, round final answers (except for per-unit amount) to the nearest dollar or unit. Note: "Total costs to account for" and "Total costs to account for" would be different due to rounding.

Millie Company
Assembly Department Production Report
For the Month of June (FIFO Method)
Unit Information
Units to account for:
Units in beginning WIP	24,000
Units started	56,000
Total units to account for	80,000
Units accounted for:
Started and completed
From beginning WIP
From ending WIP	10,000
Total units accounted for	80,000
Equivalent units:
Started and completed
To complete beginning WIP
Units in ending WIP	7,000
Total equivalent units
Cost Information
Costs to account for:
Costs in beginning WIP	285520
Costs added by department
Total costs to account for
Cost per equivalent unit
Costs accounted for:
Transferred out:
Units started and completed
Units in beginning WIP:
From prior period
From current period
Total cost transferred out
Goods in ending work in process
Total costs accounted for