PROBLEM 7

a.) Lost units - Normal - discovered at the beginning

Units received
Units completed
Units in process
Units lost

Actual
80,000.00
60,000.00
10,000.00
10,000.00
80,000.00

LENLEN CORPORATION
Cost of Production Report
For the month of September, 2012
Materials
WD
100%
100%

Cost charged to the department

Cost from preceding department
Cost added in the department
Materials
Labor
Overhead
Total cost added
Adjustment for lost units
Total cost to be accounted for

Cost accounted for as follows:

Completed and Transferred
In Process, end
Cost from preceding department
Materials
Labor
Overhead
Total costs as accounted for

b.) Lost units - Normal - discovered at the end

Actual

LENLEN CORPORATION
Cost of Production Report
For the month of September, 2012
Materials
WD

Units received
Units completed
Units in process
Units lost

80,000.00
60,000.00
10,000.00
10,000.00
80,000.00

100%
100%
100%

Cost charged to the department

Cost from preceding department
Cost added in the department
Materials
Labor
Overhead
Total cost added
Adjustment for lost units
Total cost to be accounted for

Cost accounted for as follows:

Completed and Transferred
In Process, end
Cost from preceding department
Materials
Labor
Overhead
Total costs as accounted for

c.) Lost units - Abnormal - discovered when 60% comple

Units received
Units completed
Units in process
Units lost

Actual
80,000.00
60,000.00
10,000.00
10,000.00
80,000.00

LENLEN CORPORATION
Cost of Production Report
For the month of September, 2012
Materials
WD

Cost charged to the department

Cost from preceding department

100%
100%
100%

Cost added in the department

Materials
Labor
Overhead
Total cost added
Adjustment for lost units
Total cost to be accounted for

Cost accounted for as follows:

Completed and Transferred
Factory Overhead Control
In Process, end
Cost from preceding department
Materials
Labor
Overhead
Total costs as accounted for

d.) Lost units - Abnormal - discovered at the end

Units received
Units completed
Units in process
Units lost

Actual
80,000.00
60,000.00
10,000.00
10,000.00
80,000.00

LENLEN CORPORATION
Cost of Production Report
For the month of September, 2012
Materials
WD

Cost charged to the department

Cost from preceding department
Cost added in the department
Materials
Labor
Overhead
Total cost added
Adjustment for lost units
Total cost to be accounted for

100%
100%
100%

Cost accounted for as follows:

Completed and Transferred
Spoiled goods
Factory Overhead Control
In Process, end
Cost from preceding department
Materials
Labor
Overhead
Total costs as accounted for

Name:
Cyril M. Calalo

LEM 7

scovered at the beginning

TION
Report
mber, 2012
Materials
EP

WD

60,000.00
10,000.00
70,000.00

Labor and OH
EP
100%
50%

60,000.00
5,000.00
65,000.00

560,000.00

7.00

175,000.00
121,875.00
243,750.00
540,625.00

2.50
1.875
3.75
8.125
1.00
16.125

1,100,625.00

967,500.00
80,000.00
25,000.00
9,375.00
18,750.00

133,125.00
1,100,625.00

discovered at the end

TION
Report
mber, 2012
Materials
EP

WD

Labor and OH
EP

60,000.00
10,000.00
10,000.00
80,000.00

100%
50%
100%

60,000.00
5,000.00
10,000.00
75,000.00

560,000.00

7.00

175,000.00
121,875.00
243,750.00
540,625.00

2.1875
1.625
3.25
7.0625
14.0625

1,100,625.00

984,375.00
70,000.00
21,875.00
8,125.00
16,250.00

116,250.00
1,100,625.00

overed when 60% completed

TION
Report
mber, 2012
Materials
EP
60,000.00
10,000.00
10,000.00
80,000.00

560,000.00

WD

Labor and OH
EP
100%
50%
60%

60,000.00
5,000.00
6,000.00
71,000.00

7.00

175,000.00
121,875.00
243,750.00
540,625.00

2.1875
1.71655
3.4330985915493
7.33714788732394
14.3371478873239

1,100,625.00

860,228.87
122,772.89
70,000.00
21,875.00
8,582.75
17,165.49

117,623.24
1,100,625.00

- discovered at the end

TION
Report
mber, 2012
Materials
EP
60,000.00
10,000.00
10,000.00
80,000.00

WD

Labor and OH
EP
100%
50%
100%

60,000.00
5,000.00
10,000.00
75,000.00

560,000.00

7.00

175,000.00
121,875.00
243,750.00
540,625.00

2.1875
1.625
3.25
7.0625
14.0625

1,100,625.00

843,750.00
120,000.00
20,625.00
70,000.00
21,875.00
8,125.00
16,250.00

Year and Section:

BSAccountancy II-A

116,250.00
1,100,625.00