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Sandhill Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production

Sandhill Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows.

Cutting Department

Production DataJuly

T12-Tables

Work in process units, July 1

0

Units started into production

24,000

Work in process units, July 31

3,600

Work in process percent complete as to conversion, July 31

60%

Cost DataJuly

Work in process, July 1

$0

Direct materials used in July

456,000

Direct labor incurred in July

281,280

Manufacturing overhead assigned in July

124,800

Total

$862,080

(a1)

Compute the physical units of production.

T12 Tables

Units to be accounted for

enter a number of units

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(a2)

Compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

Total equivalent units

enter a number of unit

enter a number of unit

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(a3)

Determine the unit costs of production for July.

Materials

Conversion Costs

Total Costs

Unit costs-T12 Tables

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

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(a4)

Show the assignment of costs to units completed and transferred out and to work in process for July.

T12 Tables

Costs accounted for:

Completed and transferred out

$enter a dollar amount

Work in process

Materials

$enter a dollar amount

Conversion costs

enter a dollar amount

enter a total amount

Total costs

$enter a total amount

Prepare the production cost report for July 2022.

SANDHILL INDUSTRIES INC. Cutting Department Production Cost Report choose the accountimg period For the Year Ended July 31, 2022For the Month Ended July 31, 2022July 31, 2022

Equivalent Units

Quantities

Physical Units

Materials

Conversion Costs

Units to be accounted for

Work in process, July 1

enter a dollar amount

Started into production

enter a dollar amount

Total units

enter a dollar amount

Units accounted for

Completed and transferred out

enter a dollar amount

enter a dollar amount

enter a dollar amount

Work in process, July 31

enter a dollar amount

enter a dollar amount

enter a dollar amount

Total units

enter a dollar amount

enter a dollar amount

enter a dollar amount

Costs

Materials

Conversion Costs

Total

Unit costs

Total Costs

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

Equivalent units

enter a dollar amount

enter a dollar amount

Unit costs

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

Cost Reconciliation Schedule

Costs to be accounted for

Work in process, July 1

$enter a dollar amount

Started into production

enter a dollar amount

Total costs

$enter a dollar amount

Costs accounted for

Completed and transferred out

$enter a dollar amount

Work in process, July 31

Materials

$enter a dollar amount

Conversion costs

enter a dollar amount

enter a dollar amount

Total costs

$enter a dollar amount

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