Reston Manufacturing Corporation, Department 1 Flow of Units and Equivalent Units Calculation, May Equivalent Units % inDirect% inConversion MayMaterialsMayCosts Complete/TransferredBeginning Inventory Started and completed Ending inventory Total

Product Cost Report Direct Conversion Materials Costs Beginning Inventory Current Total Costs to Account For Total Equivalent Units Average cost / Equivalent unit (round 2 decimal places) Beginning inventoryCosts incurred in Dec. Costs incurred in Jan. Started and finished Cost of goods manufactured Ending inventory:Direct Materials Conversion costs Cost of Ending Inventory Total Costs Allocated