WIP-1
	DM are added at the		Beginning	of WIP-1
	CC costs are added evenly through the process of WIP-1
	Unit data:			# of Units
	Beginning WIP inventory			0
	Started in Production			36,000
	Tranferred Out to WIP-2			22,000
	Ending WIP inventory			14,000
	Ending Inv Percent completion			10%
	Cost data:
		Conversion Costs
	DM	DL	MOH	Total Costs
	$46,800	$2,000	$35,440	$84,240
	DETERMINE EQUIVALENT UNITS
	DETERMINE COST PER EQUIV UNIT
	ASSIGNMENT OF COSTS
	WIP-2
	DM are added at the		End	of WIP-2
	CC costs are added evenly through the process of WIP-2
	Beginning WIP inventory			12,000
	Transferred in
	Tranferred Out to FG			20,000
	Ending WIP inventory			14,000
	Ending Inv Percent completion			20%
	Cost data:
						Conversion Costs
				Trans In	DM	DL	MOH	Total Costs
	Begining Inventory			$ 55,000	$0	$2,200	$6,200	$63,400
	Transferred In and New costs			31,700	100,000	40,000	20,000	191,700
				$ 86,700	$ 100,000	$ 42,200	$ 26,200	$ 255,100
	DETERMINE EQUIVALENT UNITS
	DETERMINE COST PER EQUIV UNIT
	ASSIGNMENT OF COSTS