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P16-2Ae

Molding Department | Production Cost Report | For the Month Ended June 30, 2012 | | | Equivalent Units | | | Physical Units | Materials | Conversion Costs | | QUANTITIES | | | | | Units to be accounted for | | | | | Works in process, June 1 | 0 | | | | Started into production | 22000 | | | | Total units | 22000 | | | | Units to be accounted for | | | | | Transferred out | 20000 | 20000 | 20000 | | Works in process, June 30 | 2000 | 2000 | 800 | | Total units | 22000 | 22000 | 20800 | | COSTS | | Materials | Conversion Costs | Total | Unit costs | | | | | Costs in June | (a) | 198000 | 166400 | 364400 | Equivalent units | (b) | 22000 | 20000 | | Unit costs [(a):(b)] | | $9 | $8 | $17 | Costs to be accounted for | | | | | Work in process, June 1 | | | | $0 | Started into production | | | | 364400 | Total costs | | | | $364,400 | Cost Reconciliation Schedule | | | | | Costs accounted for | | | | | Transferred out (20000 X $17) | | | | 340000 | Work in process, June 30 | | | | | Materials (20000 X $9) | | | 18000 | | Conversion costs (800 X $8) | | | 6400 | 24400 | Total costs | | | | $364,400.00 |

P16-4Ac

Assembly Department | Production Cost Report | For the Month Ended November 30, 2012 | | | Equivalent Units | | | Physical Units | Materials | Conversion Costs | | QUANTITIES | | | | | Units to be accounted for | | | | | Works in process, Nov 1 | 35000 | | | | Started into production | 660000 | | | | Total units | 695000 | | | | Units to be accounted for | | | | | Transferred out | 670000 | 670000 | 670000 | | Works in process, Nov 30 | 25000 | 25000 | 10000 | | Total units | 695000 | 695000 | 680000 | | COSTS | | Materials | Conversion Costs | Total | Unit costs | | | | | Costs in November | (a) | 1668000 | 612000 | 2280000 | Equivalent units | (b) | 695000 | 680000 | | Unit costs [(a):(b)] | | $2.40 | $0.90 | $3.30 | Costs to be accounted for | | | | | Work in process, Nov 1 | | | | 127150 | Started into production | | | | 2152850 | Total costs | | | | $2,280,000 | Cost Reconciliation Schedule | | | | | Costs accounted for | | | | | Transferred out (670000 X $3.3) | | | | 2211000 | Work in process, Nov 30 | | | | | Materials (25000 X $2.4) | | | 60000 | | Conversion costs (10000 X $0.9) | | | 9000 | 69000 | Total costs | | | | $2,280,000.00 |

P16-5Ab

Morse Company | Production Cost Report | For the Month Ended July 31, 2012 | | | Equivalent Units | | | Physical Units | Materials | Conversion Costs | | QUANTITIES | | | | | Units to be accounted for | | | | | Works in process, July 1 | 500 | | | | Started into production | 1250 | | | | Total units | 1750 | | | | Units to be accounted for | | | | | Transferred out | 1150 | 1150 | 1150 | | Works in process, July 31 | 600 | 600 | 240 | | Total units | 1750 | 1750 | 1390 | | COSTS | | Materials | Conversion Costs | Total | Unit costs | | | | | Costs in July | (a) | 3150 | 3475 | 6625 | Equivalent units | (b) | 1750 | 1390 | | Unit costs [(a):(b)] | | $1.80 | $2.50 | $4.30 | Costs to be accounted for | | | | | Work in process, July 1 | | | | 1350 | Started into production | | | | 5272 | Total costs | | | | $6,625 | Cost Reconciliation Schedule | | | | | Costs accounted for | | | | | Transferred out (1150 X $4.3) | | | | 4945 | Work in process, July 31 | | | | | Materials (600 X $1.8) | | | 1080 | | Conversion costs (240 X $2.5) | | | 600 | 1680 | Total costs | | | | $6,625.00 |

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