Revised Problem 4-29
	Moravia Company processes and packages cream cheese.
	The following data have been compiled for the month of June. Conversion activity
	occurs uniformly throughout the production process.
	Work in process, June 1 - 60,000 units:
	Direct material: 100% complete cost of				110,000
	Conversion: 30% complete, cost of				43,000
	Balance in work in process, June 1				153,000
	Units started during June				180,000
	Units completed during June and transferred out to finished-goods inventory				210,000
	Work in process, June 30:
	Direct material: 100% complete
	Conversion: 80% complete
	Costs incurred during June:
	Direct material				420,000
	Conversion costs:
	Direct labor				93,250
	Applied manufacturing overhead				283,400
	Total conversion costs				376,650
	Required: Prepare schedules to accomplish each of the following process-costing steps for the month
	of June. Use the weighted-average method of process costing.
	1. Analysis of physical flow of units.
	2. Calculation of equivalent units.
	3. Computation of units costs.
	4. Analysis of total costs.
	5. Construct an Excel spreadsheet and show all of the preceding requirements
	Show how the solution would change if the following data change: June 1 work-in-process
	costs were $84,000 for direct material and $26,000 for conversion.