Mixing Department
Production Cost Report
For the Month Ended June 30, 2017 100.1. 60%. 0.75
Equivalent Units
Physical
Units
Conversion
Materials Costs
Quantities:
Units to be accounted for
Total units:
Units accounted for:
Work in process, June 1
Started into production
Units Transferred Out
Units in WIP, June 30
100,000
800,000
900,000
700,000 700,000 700,000
200,000 200,000 200,000
900,000 900,000 820,000
Total units:
Costs:
Work in process, June 1
Costs added to production during June
Total costs
Equivalent Units
Cost per equivalent unit sfer of Units to the
?
Costs to be accounted for:
Work in Process, June 1
Started into Production
Total Costs
Cost Reconciliation Schedule:
Costs Accounted for:
Total Costs
Conversion
Materials
Costs
50,000 35,000
400,000 170,000
450.000 205,000
900,000 820,000
Total
0.5/ 0.25/
eq.unit eq.unit
0.75
85,000
570,000
655,000
Transferred out
525,000
Work in Process, June 30
Materials
Conversion Costs
100,000
30,000 130,000
655,000
