CuttingDepartment Production Data-July Cost Data-July 104,000 96,700 $718,400 $5

Question

CuttingDepartment

Production Data-July

Cost Data-July

104,000

96,700

$718,400

$510,600

Compute the physical units ofproduction. (If answer is zero,please enter 0. Do not leave any fieldsblank.)

Physical Units

CuttingDepartment

Plant1 Plant2

Production Data-July

T12-Tables C10-Chairs Work in process units, July 1 -0-      -0-     Units started into production 20,000 16,000 Work in process units, July 31 3,000 500 Work in process percent complete 60 80

Cost Data-July

Work in process, July 1 $ -0-   $ -0-    Materials 380,000 288,000 Labor 234,400 125,900 Overhead

104,000

96,700

   Total

$718,400

$510,600

Explanation / Answer

                                                                        T12Tables                     C10Chairs Units to be accounted for Work in process, July1                                            0                                       0 Started intoproduction                                    20,000                              16,000              Totalunits                                           20,000                              16,000 Units accounted for Transferred out       20,000 -5000                                          15,000       16000-625                                                                                          15,375 Work in process, July 31       equivalent units 3000 60%complete       i.e. 3000 x 100 /60                                    5,000       equivalent units 500 80%complete       i.e. 500 x 100 /80                                                                                 625       equivalent units 500 80%complete       i.e. 500 x 100 /80                                                                                 625             TotalUnits                                          20,000                              16,000

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