Step One: Determine the units to be asssigned costs.
Step Two: Calculate equivalent units of production
Step Three: Determine the cost per unit
Step Four: Allocate costs to transferred and partially completed units

200 300 COST OF PRODUCTION REPORT Advanced Technologies Cost of Production Report - Assembly Department For the Month Ended April 30, 2019 Equivalent Units Units whole Units Direct Material conversion Units charged to production: Invents 800 Received from material storerc 3000 Total u 3800 Units to be assigned costs: Invente 800 Startec 2700 2700 Transfe 2700 2900 Invents 300 200 3800 3000 3100 Unit costs: Total cost for April in Assemi $ 630,000 5 527,000 Total equivalent units 3,000 3,100 = $ 210 170 Costs Charged to Production: TOTAL COSTS Inventory in process, April 1 5 228,000 Cost incurred in April 5 1,157,000 Total costs accounted for in Assembly 5 1.385,000 Costs allocated to completed and partially completed units TOTAL COST Inventory in process, April 1 balance $ 225,000 To complete in process, Apri 34,000 34,000 Started and completed in Af567,000 459,000 1,026,000 Transferred to Testing Dept. in April 1,288,000 Inventory in process, April 36 63,000 34.000 97,000 Total costs assigned by Assembly 51.385,000