Process Costing

CMCA Corporation
Department A
Cost of Production Report
For the month of April 2013
Quantity Schedule
In Process 4/1
Started
Total
Material X
Actual Qty
15,000.00
95,000.00
110,000.00
Transferred to Department B
In Process 4/1
15,000.00
Started
85,000.00
In Process 4/30
10,000.00
Total
110,000.00
Material Y
WD
100%
EUP
15,000.00
WD
0%
0%
100%
100%
85,000.00
10,000.00
100%
100%
0%
95,000.00
Conversion Cost
EUP
-
15,000.00
85,000.00
-
WD
25%
EUP
3,750.00
75%
100%
25%
11,250.00
85,000.00
2,500.00
100,000.00
98,750.00
1
1
1
2
Cost Charged to Department A

Total Cost
Material X
Material Y
Labor
Overhead
Total cost to be accounted for
IP 4/1
37,500.00
60,000.00
Added This Mo.

261,250.00
298,750.00
385,000.00
1,629,375.00
2,444,062.50
90,000.00
385,000.00
1,569,375.00
2,354,062.50
4,757,187.50
187,500.00
4,569,687.50
EUP
95,000.00
100,000.00
98,750.00
98,750.00
Unit Cost
2.750000
3.850000
15.892405
23.838608
46.331013
2
2
2
2
Cost accounted as follows:

In Process 4/1
Cost last month
Cost to complete
Material Y
Labor
Overhead
Started and completed
Total Completed and transferred
In Process 4/30
Material X
Labor
Overhead
Total Cost as accounted for
15,000.00
11,250.00
11,250.00
85,000.00
X
X
X
X
3.850000
15.892405
23.838608
46.331013
187,500.00
57,750.00
178,789.56
268,184.34
2
2
2
2
692,223.89
3,938,136.08
4,630,359.97
10,000.00
2,500.00
2,500.00
X
X
X
2.7500
15.8924
23.8386
27,500.00
39,731.01
59,596.52
126,827.53
4,757,187.50
2
2
2
29
CMCA Corporation
Department B
Quantity Schedule
In Process 4/1
Received from Dept. A
Total
Material Z
Actual Qty
25,000
100,000
125,000
Transferred to Finished Goods

In Process 4/1
Received
In Process 4/30
Total Average
WD
0%
25,000 100%
82,000 100%
18,000 100%
125,000
Skill M
EUP
Skill N
WD
80%
EUP
20,000.00
WD
0%
25,000.00 20%
82,000.00 100%
18,000.00 100%
5,000.00
82,000.00
18,000.00
100%
100%
60%
125,000.00
105,000.00
Overhead
EUP
-
25,000.00
82,000.00
10,800.00
WD
40%
EUP
8,000.00
60%
100%
80%
3,000.00
82,000.00
14,400.00
117,800.00
99,400.00
1
1
1
1

Total Cost
5,787,859.97
Cost from Dept A

Cost added this Dept.
Material Z
Skill M
Skill N
561,000.00
312,000.00
270,000.00
23,000.00
Overhead
Total Added This Department
1,166,000.00
6,953,859.97
IP 4/1
1,157,500.00
Added This Mo.

4,630,359.97
EUP
100,000.00
48,000.00
561,000.00
264,000.00
270,000.00
125,000.00
105,000.00
117,800.00
21,000.00
1,116,000.00
5,746,359.97
99,400.00
2,000.00
50,000.00
1,207,500.00
Unit Cost
46.303600
4.488000
2.514286
2.292020
0.211268
1
1
1
9.505574
55.809173
1
1
Cost accounted as follows

In Process 4/1
Cost last month
Cost to complete
Material Z
25,000
Skill M
5,000
Skill N
25,000
Overhead
3,000
Received and Completed82,000
1,207,500.00
X
X
X
X
X
4.488000
2.514286
2.292020
0.211268
55.809173
112,200.00
12,571.43
57,300.51
633.80
1,390,205.74
255,402,434.31
4,576,352.22
1
1
1
1
1
Total
In Process 4/30
Cost from Dept A
Material Z
Skill M
Skill N
Overhead
5,966,557.96
18,000
18,000
18,000
10,800
14,400
X
X
X
X
X
46.303600
4.488000
2.514286
2.292020
0.211268
833,464.79
80,784.00
45,257.14
24,753.82
3,042.25
50%
1
1
1
1
987,302.01 1
6,953,859.97 20
100%
Skill M
Skill N
100%
100%
F&A Company
Qty. Schedule
In process Beginning
Started this period
Total
Completed and Transferred
Started this period
In process End
Actual
Units
2,000
14,000
16,000
2,000
12,500
1,500
16,000
Materials
WD
EUP
30%
600
WD
25%
70%
100%
60%
75%
100%
50%
1,400
12,500
900
14,800
Labor
Cost Charged to the Department

In Process 4/1/13
Cost added This Month
Materials
Labor
Overhead
Total Cost added this month
Total Cost to be accounted for
In Process 4/1/13
Cost last month
Cost to complete:
Materials
Labor
Overhead
Started and Completed
In process end
Materials
Labor
Overhead
EUP
500
1,500
12,500
750
14,750
Total Cost
5,000.00
81,400.00
121,687.50
85,625.00
288,712.50
293,712.50
5,000
1,400
1,500
900
12,500
X
X
X
X
5.50
8.25
6.25
20.00
7,700
12,375
5,625
900
750
300
X
X
X
5.50
8.25
6.25
4,950
6,188
1,875
Materials is added 30% at the start, plus 30% when 50% complete as to labor and the remaining 40% is added only
the products are 90% complete as to labor.
Required
Prepare the cost of production report of F&A Company for the month of April assuming the IP beg cost is P5,
current cost per units for Materials is P5.50, Labor is P8.25, and Overhead is P6.25.
Overhead
WD
EUP
55%
1,100
45%
100%
20%
2
2
2
EUP
14,800
14,750
13,700
30,700
250,000
900
12,500
300
13,700
Unit Cost
5.50
8.25
6.25
20.00
20.00
2
2
2
280,700.00
2
2
2
2
13,012.50
293,712.50
2
2
2
28
e remaining 40% is added only when
assuming the IP beg cost is P5,000,

.25.
CMCA Corporation
Department A
Quantity Schedule
In Process 4/1
Started
Total
Material X
Actual Qty
15,000.00
95,000.00
110,000.00
In Process 4/1
15,000.00
Started
85,000.00
In Process 4/30
10,000.00
Total
110,000.00
Material Y
Conversion Cost
WD
100%
EUP
15,000.00
WD
25%
EUP
3,750.00
WD
60%
EUP
9,000.00
0%
100%
100%
85,000.00
10,000.00
75%
100%
100%
11,250.00
85,000.00
10,000.00
40%
100%
90%
6,000.00
85,000.00
9,000.00
95,000.00
106,250.00
100,000.00
1
1
1
2

Total Cost
Material X
Material Y
Labor
Overhead
IP 4/1
37,500.00
7,950.00
60,000.00
Added This Mo.

261,250.00
298,750.00
230,510.00
1,629,375.00
2,444,062.50
90,000.00
222,560.00
1,569,375.00
2,354,062.50
4,602,697.50
195,450.00
4,407,247.50
EUP
95,000.00
106,250.00
100,000.00
100,000.00
Unit Cost
2.750000
2.094682
15.693750
23.540625
44.079057
1
1
1
2

In Process 4/1
Cost last month
Cost to complete
Material Y
Labor
Overhead
Started and completed
Total Completed and transferred
In Process 4/30
Material X
Material Y
Labor
Overhead
11,250.00
6,000.00
6,000.00
85,000.00
X
X
X
X
2.094682
15.693750
23.540625
44.079057
195,450.00
23,565.18
94,162.50
141,243.75
2
2
2
2
454,421.43
3,746,719.88
4,201,141.30
10,000.00
10,000.00
9,000.00
9,000.00
X
X
X
X
2.7500
2.0947
15.6938
23.5406
27,500.00
20,946.82
141,243.75
211,865.63
401,556.20
2
2
2
2

To record the cost incurred for the month
Work in process - Dept A
Work in Process - Dept B
Raw Material
Various Credit/Conversion Cost
To record the cost transferred to Dept B.
Work In Process - Dept B
Work in Process - Dept A
To Record the FG Inventory
FG Inventory
Work In Process - Dept B
4,602,697.50
4,407,247.50
1,116,000.00
#REF!
1,590,375.00
4,201,141.30
4,201,141.30
28
CMCA Corporation
Department B
Quantity Schedule
In Process 4/1
Received from Dept. A
Total
Material Z
Actual Qty
25,000
100,000
125,000

In Process 4/1
Received
In Process 4/30
Total Average
WD
0%
25,000 100%
82,000 100%
18,000 100%
125,000
Skill M
EUP
-
25,000.00
82,000.00
18,000.00
125,000.00
Skill N
WD
80%
EUP
20,000.00
WD
0%
20%
100%
100%
5,000.00
82,000.00
18,000.00
100%
100%
60%
105,000.00
Overhead
EUP
-
25,000.00
82,000.00
10,800.00
WD
40%
EUP
10,000.00
60%
100%
80%
15,000.00
82,000.00
14,400.00
117,800.00
111,400.00

Total Cost
5,358,641.30
Cost from Dept A

Cost added this Dept.
Material Z
Skill M
Skill N
561,000.00
312,000.00
270,000.00
23,000.00
Overhead
Total Added This Department
1,166,000.00
6,524,641.30
IP 4/1
1,157,500.00
Added This Mo.

4,201,141.30
EUP
100,000.00
48,000.00
561,000.00
264,000.00
270,000.00
125,000.00
105,000.00
117,800.00
21,000.00
1,116,000.00
5,317,141.30
111,400.00
2,000.00
50,000.00
1,207,500.00
Unit Cost
42.011413
4.488000
2.514286
2.292020
0.188510
9.482816
51.494229
Cost accounted as follows

In Process 4/1
Cost last month
Cost to complete
Material Z
25,000
Skill M
5,000
Skill N
25,000
Overhead
15,000
Received and Completed82,000
1,207,500.00
X
X
X
X
X
4.488000
2.514286
2.292020
0.188510
51.494229
112,200.00
12,571.43
57,300.51
2,827.65
1,392,399.59
217,435,760.67
4,222,526.78
5,614,926.36
Total
In Process 4/30
Cost from Dept A
Material Z
Skill M
Skill N
Overhead
18,000
18,000
18,000
10,800
14,400
X
X
X
X
X
42.011413
4.488000
2.514286
2.292020
0.188510
756,205.43
80,784.00
45,257.14
24,753.82
2,714.54
0%
50%
909,714.94
6,524,641.30
100%
Skill M
Skill N
100%
100%
1
1
1
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
22
77
Para kareng makam
40% 60%
akamulala
PPP Manufacturing Co. operates two consecutive departments (A and B). The following information pertains to the
production of the two departments for August 2013.
Department A
Department B
Units
WD
Units
Production Data
In process 8/1
Started
Transferred out
6,000
35,000
?
30%
7,000
Normal Loss
In Process 8/31
1,000
?
31,000
20%
1,500
7,500
Cost Data
In Process 8/1
Transferred in
Cost in this department
Materials
Labor
Overhead
Transferred in
Cost added in August
Materials
Labor
Overhead
Materials are added at
Loss occurs
7,920.00
1,785.00
891.00
927.00
10,395.00
17,136.00
17,472.00
Beginning
End
3,885.00
1,890.00
2,226.00
35,000.00
13,708.00
15,645.00
50% beg., 50% end.
Start
PPP Manufacturing Company

For the month of August 2013
mation pertains to the
Department B
WD
60%
40%
Qty. Schedule
Started this period
Total
Started this period
Normal Loss
In process End
Actual
Units
6,000
35,000
41,000
6,000
27,000
1,000
7,000
41,000
Materials
WD
EUP
100%
6,000
0%
100%
100%
100%
27,000
1,000
7,000
35,000
Cost charged to Department A

Materials
Labor
Overhead
Adjustment for lost units
Total Cost to be Acct for:
50% beg., 50% end.

Start

Transferred to Department B:
In Process 8/1
Cost Last Month
Cost to complete
Labor
Overhead
Adjusment for LU
Transferred to SGI
In Process 8/31
Materials
Labor
Overhead
Total
12,180.00
18,027.00
18,399.00
IP 8/1
1,785.00
891.00
927.00
Current
10,395.00
17,136.00
17,472.00
48,606.00
3,603.00
45,003.00
3,603.00
4,200
4,200
6,000
27,000
0.5100
0.5200
0.0099
1.3369
2,142.00
2,184.00
59.45
7,000
1,400
1,400
0.2970
0.5100
0.5200
2,079.00
714.00
728.00
Department B
Qty. Schedule
Started this period
Actual
Units
7,000
33,000
Materials
WD
EUP
50%
3,500
Total
Started this period
Normal Loss
In Process End
40,000
7,000
24,000
1,500
7,500
40,000
50%
100%
0%
50%
3,500
24,000
3,750
31,250
Cost charged to Department B

Cost from Department A
Cost Added this Dept.
Materials
Labor
Overhead
Total Cost Added
Adjustment for loss units
Total
52,005.00
IP 8/1
7,920.00
Current
44,085.00
38,885.00
15,598.00
17,871.00
72,354.00
3,885.00
1,890.00
2,226.00
8,001.00
35,000.00
13,708.00
15,645.00
64,353.00
124,359.00
15,921.00
108,438.00

Transferred to Finished Goods Inventory
In Process 8/1
Cost Last Month
Cost to complete
Materials
3,500
Labor
2,800
Overhead
2,800
Received and Completed
24,000
1.120000
0.460000
0.525000
3.504524
3,920.00
1,288.00
1,470.00
In Process 8/31
Materials
Labor
Overhead
7,500
3,750
3,000
3,000
7,500
1.399524
1.1200
0.4600
0.5250
-
10,496.43
4,200.00
1,380.00
1,575.00
-
Adjustment for Lost Units

Department A
Cost of Normal Loss

1,000
1.3270
1,327.00
Deparment B
1,500
15,921.00
1.399524
2,099.29
any
rt
013
Labor
WD
30%
EUP
-
70%
100%
100%
20%
4,200
27,000
1,000
1,400
33,600
EUP
35,000
33,600
33,600
7,988.45
36,096.55
Unit Cost
0.297000
0.510000
0.520000
0.009909
1.336909
44,085.00
1,000.00
3,521.00
48,606.00
Labor
WD
60%
EUP
-
40%
100%
0%
40%
2,800
24,000
3,000
29,800
EUP
31,500
Unit Cost
1.399524
31,250
29,800
29,800
1.120000
0.460000
0.525000
2.105000
3.504524
22,599.00
84,108.57
106,707.57
107469.4762
17,651.43
124,359.00
17889.52381
RGU
Adjusment
33,000.00
0.0402121
31,500.00
0.0666440
Department A
Department B
Units
WD
Units
Production Data
In process 8/1
Started
Transferred out
6,000
35,000
?
30%
7,000
Normal Loss
In Process 8/31
1,000
?
31,000
20%
1,500
7,500
Cost Data
In Process 8/1
Transferred in
Materials
Labor
Overhead
Transferred in
Materials
Labor
Overhead
Loss occurs
7,920.00
1,785.00
891.00
927.00
10,395.00
17,136.00
17,472.00
Beginning
End
3,885.00
1,890.00
2,226.00
35,000.00
13,708.00
15,645.00
50% beg., 50% end.
Start

Department B
WD
60%
40%
Qty. Schedule
Started this period
Total
Started this period
Normal Loss
In process End
Actual
Units
6,000
35,000
41,000
6,000
27,000
1,000
7,000
41,000
Materials
WD
EUP
100%
6,000
0%
100%
100%
100%
27,000
1,000
7,000
35,000

Materials
Labor
Overhead
50% beg., 50% end.

Start

In Process 8/1
Cost Last Month
Cost to complete
Labor
Overhead
Adjusment for LU
In Process 8/31
Materials
Labor
Overhead
Total
12,180.00
18,027.00
18,399.00
IP 8/1
1,785.00
891.00
927.00
Current
10,395.00
17,136.00
17,472.00
48,606.00
3,603.00
45,003.00
3,603.00
4,200
4,200
6,000
27,000
0.5100
0.5200
0.0402
1.3672
2,142.00
2,184.00
241.27
7,000
1,400
1,400
0.2970
0.5100
0.5200
2,079.00
714.00
728.00
Department B
Qty. Schedule
Started this period
Actual
Units
7,000
33,000
Materials
WD
EUP
50%
3,500
Total
Started this period
Normal Loss
In Process End
40,000
7,000
24,000
1,500
7,500
40,000
50%
100%
0%
50%
3,500
24,000
3,750
31,250

Materials
Labor
Overhead
Total Cost Added
Total
53,005.00
IP 8/1
7,920.00
Current
45,085.00
38,885.00
15,598.00
17,871.00
72,354.00
3,885.00
1,890.00
2,226.00
8,001.00
35,000.00
13,708.00
15,645.00
64,353.00
125,359.00
15,921.00
109,438.00

In Process 8/1
Cost Last Month
Cost to complete
Materials
3,500
Labor
2,800
Overhead
2,800
24,000
1.120000
0.460000
0.525000
3.536270
3,920.00
1,288.00
1,470.00
In Process 8/31
Materials
Labor
Overhead
7,500
3,750
3,000
3,000
7,500
1.431270
1.1200
0.4600
0.5250
-
10,734.52
4,200.00
1,380.00
1,575.00
-

Department A
Cost of Normal Loss

1,000
1.3270
1,327.00
Deparment B
1,500
15,921.00
1.431270
2,146.90
any
rt
013
Labor
WD
30%
EUP
-
70%
100%
100%
20%
4,200
27,000
1,000
1,400
33,600
EUP
35,000
33,600
33,600
8,170.27
36,914.73
Unit Cost
0.297000
0.510000
0.520000
0.040212
1.367212
45,085.00
3,521.00
48,606.00
Labor
WD
60%
EUP
-
40%
100%
0%
40%
2,800
24,000
3,000
29,800
EUP
31,500
Unit Cost
1.431270
31,250
29,800
29,800
1.120000
0.460000
0.525000
2.105000
3.536270
22,599.00
84,870.48
107,469.48
107469.4762
17,889.52
125,359.00
17889.52381
RGU
Adjusment
33,000.00
0.0402121
31,500.00
0.0681557
Normal Loss
> Costs of normal loss are accounted as product cost, meaning all unrecoverable cost of normal loss
are to be shouldered by the remaining good units
> Remaining good units are those units who already passed the quality control inspection (QCI).
> Work done assigned to normal lost units
For Materials, it will depend on when do they add the materials
For Conversion Cost if evenly applied
If discovered at the start work done is Zero
If discovered at the end work done is 100%
If discovered during work done is Zero
If discovered at specific point of production work done is equal to QCI
Abnormal Loss
> Unrecoverable cost of abnormal spoilage is accounted separately, which is recognized as either
part of the Factory Overhead Control or Period Cost.
> Work done assigned to normal
For Materials, it will depend on when do they add the materials
For Conversion Cost
If discovered at the start work done is Zero
If discovered at the end work done is 100%
If discovered during work done is Zero
If discovered at specific point of production work done is equal to QCI
Department A
Department B
Units
WD
Units
Production Data
In process 8/1
Started
Transferred out
6,000
35,000
?
30%
7,000
Loss Units
In Process 8/31
1,000
?
31,000
20%
1,500
7,500
Cost Data
In Process 8/1
Transferred in
Materials
Labor
Overhead
Transferred in
Materials
Labor
Overhead
7,920.00
1,785.00
891.00
927.00
3,885.00
1,890.00
2,226.00
10,395.00
35,000.00
17,136.00
13,708.00
17,472.00
15,645.00
Beginning
50% beg., 50% end.
Loss occurs
End
Start
Normal loss are expected at 2% of remaining good units in Department A and 1.5% of units received in Department B

Department B
WD
60%
40%
50% beg., 50% end.

Start
ed in Department B
Qty. Schedule
Started this period
Total
Started this period
Normal Loss
Abnormal Loss
In process End
Actual
Units
6,000
35,000
41,000
6,000
27,000
660
340
7,000
41,000
Materials
WD
EUP
100%
6,000
0%
100%
100%
100%
100%
27,000
660
340
7,000
35,000

Materials
Labor
Overhead
Total
In Process 8/1
Cost Last Month
Cost to complete
Labor
Overhead
Adjusment for LU
In Process 8/31
Materials
Labor
Overhead
Factory Overhead Control
Total
12,180.00
18,027.00
18,399.00
48,606.00
IP 8/1
1,785.00
891.00
927.00
3,603.00
Current
10,395.00
17,136.00
17,472.00
45,003.00
48,606.00
3,603.00
45,003.00
3,603.00
4,200
4,200
6,000
27,000
0.51000
0.52000
0.02654
1.35354
2,142.00
2,184.00
159.24
7,000
1,400
1,400
0.2970
0.5100
0.5200
2,079.00
714.00
728.00
340
1.327000
Department B
Qty. Schedule
Actual
Materials
Qty. Schedule
Started this period
Total
Started this period
Normal Loss
Abnormal Loss
In Process End
Units
7,000
33,000
40,000
WD
50%
EUP
3,500
7,000
24,000
495
1,005
7,500
40,000
50%
100%
0%
0%
50%
3,500
24,000
3,750
31,250

Materials
Labor
Overhead
Total Cost Added
Total
52,553.82
IP 8/1
7,920.00
Current
44,633.82
38,885.00
15,598.00
17,871.00
72,354.00
3,885.00
1,890.00
2,226.00
8,001.00
35,000.00
13,708.00
15,645.00
64,353.00
124,907.82
15,921.00
108,986.82

In Process 8/1
Cost Last Month
Cost to complete
Materials
3,500
Labor
2,800
Overhead
2,800
24,000
1.120000
0.460000
0.525000
3.478794
3,920.00
1,288.00
1,470.00
In Process 8/31
Materials
Labor
Overhead
7,500
3,750
3,000
3,000
7,500
1.352540
1.1200
0.4600
0.5250
0.021254
10,144.05
4,200.00
1,380.00
1,575.00
159.41
1,005
1.352540
15,921.00

Department A
Deparment B
Cost of Normal Loss

660
1.3270
875.82
495
669.51
1.352540
any
rt
013
Labor
WD
30%
EUP
-
70%
100%
100%
100%
20%
4,200
27,000
660
340
1,400
33,600
EUP
35,000
33,600
33,600
8,088.24
36,545.58
Unit Cost
0.297000
0.510000
0.520000
1.327000
0.026540
1.353540
44,633.82
3,521.00
451.18
48,606.00
Labor
WD
60%
40%
100%
0%
0%
40%
EUP
-
2,800
24,000
3,000
29,800
EUP
33,000
Unit Cost
1.352540
31,250
29,800
29,800
1.120000
0.460000
0.525000
2.105000
0.021254
3.478794
22,599.00
83,491.06
106,090.06
17,458.46
1,359.30
124,907.82
RGU
Adjusment
33,000.00
0.0265400
31,500.00
0.0212542
Department A
Department B
Units
WD
Units
Production Data
In process 8/1
Started
Transferred out
6,000
35,000
?
30%
7,000
Normal Loss
In Process 8/31
1,000
?
31,000
20%
1,500
7,500
Cost Data
In Process 8/1
Transferred in
Materials
Labor
Overhead
Transferred in
Materials
Labor
Overhead
Abnormal Loss occurs
7,920.00
1,785.00
891.00
927.00
10,395.00
17,136.00
17,472.00
Beginning
End
3,885.00
1,890.00
2,226.00
35,000.00
13,708.00
15,645.00
50% beg., 50% end.
Start

Department B
WD
60%
40%
Qty. Schedule
Started this period
Total
Started this period
Abnormal Loss
In process End
Actual
Units
6,000
35,000
41,000
6,000
27,000
1,000
7,000
41,000
Materials
WD
EUP
100%
6,000
0%
100%
100%
100%
27,000
1,000
7,000
35,000

Materials
Labor
Overhead
50% beg., 50% end.

Start

In Process 8/1
Cost Last Month
Cost to complete
Labor
Overhead
In Process 8/31
Materials
Labor
Overhead
Factory Overhead
Total
12,180.00
18,027.00
18,399.00
48,606.00
IP 8/1
1,785.00
891.00
927.00
3,603.00
Current
10,395.00
17,136.00
17,472.00
45,003.00
3,603.00
4,200
4,200
27,000
0.5100
0.5200
1.3270
2,142.00
2,184.00
7,000
1,400
1,400
1,000
0.2970
0.5100
0.5200
1.327000
2,079.00
714.00
728.00
Department B
Qty. Schedule
Started this period
Total
Actual
Units
7,000
33,000
40,000
Materials
WD
EUP
50%
3,500
Started this period
Normal Loss
In Process End
7,000
24,000
1,500
7,500
40,000
50%
100%
0%
50%
3,500
24,000
3,750
31,250

Materials
Labor
Overhead
Total Cost Added
Total
51,678.00
IP 8/1
7,920.00
Current
43,758.00
38,885.00
15,598.00
17,871.00
72,354.00
124,032.00
3,885.00
1,890.00
2,226.00
8,001.00
15,921.00
35,000.00
13,708.00
15,645.00
64,353.00
108,111.00

In Process 8/1
Cost Last Month
Cost to complete
Materials
3,500
Labor
2,800
Overhead
2,800
24,000
1.120000
0.460000
0.525000
3.431000
3,920.00
1,288.00
1,470.00
In Process 8/31
Materials
Labor
Overhead
7,500
3,750
3,000
3,000
1,500
1.326000
1.1200
0.4600
0.5250
1.3260
9,945.00
4,200.00
1,380.00
1,575.00

Department A
Cost of Normal Loss

1,000
1.3270
1,327.00
Deparment B
1,500
15,921.00
1.326000
1,989.00
any
rt
013
Labor
WD
30%
EUP
-
70%
100%
100%
20%
4,200
27,000
1,000
1,400
33,600
EUP
35,000
33,600
33,600
7,929.00
35,829.00
Unit Cost
0.297000
0.510000
0.520000
1.327000
43,758.00
3,521.00
1,327.00
48,606.00
Labor
WD
60%
EUP
-
40%
100%
0%
40%
2,800
24,000
3,000
29,800
EUP
33,000
Unit Cost
1.326000
31,250
29,800
29,800
1.120000
0.460000
0.525000
2.105000
3.431000
22,599.00
82,344.00
104,943.00
17,100.00
1,989.00
124,032.00
RGU
Adjusment
33,000.00
0.0402121
31,500.00
0.0631429

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CMCA Corporation

Cost Charged to Department A

Added This Mo.

Cost accounted as follows:

Transferred to Finished Goods

Cost Charged to Department A

Cost from Dept A

Added This Mo.

Cost accounted as follows

Cost Charged to the Department

e remaining 40% is added only when

assuming the IP beg cost is P5,000,

Cost Charged to Department A

Added This Mo.

Cost accounted as follows:

Total Cost as accounted for

Transferred to Finished Goods

Cost Charged to Department A

Cost from Dept A

Added This Mo.

Cost accounted as follows

Para kareng makam

PPP Manufacturing Company

mation pertains to the

Cost charged to Department A

50% beg., 50% end.

Cost accounted as follows:

Cost charged to Department B

Cost accounted as follows:

Adjustment for Lost Units

Cost of Normal Loss

PPP Manufacturing Company

mation pertains to the

Cost charged to Department A

50% beg., 50% end.

Cost accounted as follows:

Cost charged to Department B

Cost accounted as follows:

Adjustment for Lost Units

Cost of Normal Loss

PPP Manufacturing Company

mation pertains to the

50% beg., 50% end.

Cost charged to Department A

Cost charged to Department B

Cost accounted as follows:

Factory Overhead Control

Adjustment for Lost Units

Cost of Normal Loss

PPP Manufacturing Company

mation pertains to the

Cost charged to Department A

50% beg., 50% end.

Cost accounted as follows:

Cost charged to Department B

Cost accounted as follows:

Adjustment for Lost Units

Cost of Normal Loss

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