The Sedona Orchards Company produces a blended fruit drink concentrate consisting of a variety of in-season fruit. The blended concentrate is wholesaled, in bulk, to local restaurants and delis. Information related to Sedonas manufacturing activities for April follows.

Direct Materials

Direct Materials Used this Period $ 9,500

Direct Labor

Direct Labor Incurred this Period $ 2,800

Factory Overhead Applied

Overhead Applied this Period

(200% of Direct Labor) $ 5,600

Production Department

Beginning Goods in Process Inventory(Units) 200

Beginning Goods in Process(Costs)

Direct Materials Used $ 1,000

Direct Labor Incurred 500

Overhead Applied(200% of Direct Labor) 1,000

Units Started this Period 1,200

Units Completed & Transferred Out this Period 1,000

Ending Goods in Process Inventory(Units) 400

Materials, % Completed 100%

Labor & Overhead, % Completed 50%

Required:

Prepare a physical flow reconciliation for May.

Units to Account For

Beginning Goods in Process Inventory _______________

Units Started this Period _______________

Total Units to Account For _______________

Units Accounted For

Units Completed & Transferred Out _______________

Ending Goods in Process Inventory _______________

Total Units Accounted For _______________

2. Compute the Equivalent Units of Production (EUP) in May for Direct Materials, Direct Labor & Factory Overhead.

Equivalent Units of Production Dir Mtls Dir Lbr Factry OH

Units Completed & Transferred Out _________ _________ _________

Units in Ending Goods in Process

Direct Materials _________

Direct Labor _________

Factory Overhead _________

Equivalent Units of Production _________ _________ _________

3. Compute the costs per Equivalent Units of Production (EUP) in May for Direct Materials, Direct Labor & Factory Overhead.

Costs Per Equivalent Units of Production Dir Mtls Dir Lbr Factry OH

Costs of Beginning Goods in Process _________ _________ _________

Costs Incurred this Period _________ _________ _________

Total Costs _________ _________ _________

Divide by EUP from Part 2 _________ _________ _________

Equals Costs Per EUP _________ _________ _________

4. Report of Costs Accounted For & Report of Costs to Account For

Report of Costs Account For

Cost of Units Transferred Out(Cost of Goods Manufactured)

Direct Materials _________

Direct Labor _________

Factory Overhead _________

Cost of Units Completed this Period _________

Cost Ending Goods in Process Inventory

Direct Materials _________

Direct Labor _________

Factory Overhead _________

Cost of Units Completed this Period _________

Total Costs Account For _________

Report of Costs to Account For

Cost of Beginning Goods in Process Inventory

Direct Materials _________

Direct Labor _________

Factory Overhead _________ _________

Cost Incurred this Period

Direct Materials _________

Direct Labor _________

Factory Overhead _________ _________

Total Costs to Account For _________