Student Name: Moudassir Habib Class: MBA - 3A Problem 4-20 SELZIK COMPANY Blending Department Production Report Quantity

Schedule and Equivalent Units Quantity Schedule Units to be accounted for: Work in process, July 1 Started into production Total units 10,000 170,000 180,000 Correct! Equivalent Units Materials Conversion Units accounted for as follows: Transferred to packaging: From beginning inventory Started and completed this month Work in process, July 31 Total units accounted for

9th e Problem 4-16

10,000 150,000 20,000

0 150,000 20,000 170,000 Correct!

7,000 150,000 8,000 165,000 Correct!

Costs per Equivalent Unit Cost to be accounted for: Work in process, July 1 Cost added during July Total cost to be accounted for Equivalent units Cost per equivalent unit Total Cost Materials Conversion Whole Unit $13,400 383,600 139,400 244,200 $397,000 170,000 165,000 $0.82 $1.48 $2.30 Correct! Correct! Correct!

Cost Reconciliation Total Cost Cost accounted for as follows: Transferred to packaging: From the beginning inventory: Cost in the beginning inventory Cost to complete these units Materials Conversion Total cost from beginning inventory Units started and completed this month Total cost transferred to packaging Work in process, July 31: Materials Conversion Total work in process, July 31 Total cost accounted for Equivalent Units Materials Conversion

$13,400 0 10,360 23,760 345,000 368,760 Correct! 16,400 11,840 28,240 $397,000 0 10,360 123,000 222,000 150000*2.3

16,400 11,840 Correct! Correct!

20000*.82 8000*1.48

Given Data P04-20: SELZIK COMPANY Production data: Units in process, July 1 Materials complete Conversion complete Units started into production Units completed & transferred Units in process, July 31 Materials complete Conversion complete Cost data: Work in process inventory, July 1: Materials cost Conversion cost Cost added during July: Materials cost Conversion cost Total cost Check figures: (2) Materials (per unit) (3) Work in process, July 31

10,000 100% 30% 170,000 ? 20,000 100% 40%

$8,500 4,900 139,400 244,200

$13,400

383,600 $397,000

$1.48 28,240

Student Name: Moudassir Habib Class: MBA - 3A Problem 4-23 WESTON PRODUCTS Grinding Department Production Report Quantity Schedule and Equivalent Units Quantity Schedule Pounds to be accounted for: WIP:B Started during the month Total pounds to be accounted for 18,000 167,000 185,000 Correct! Equivalent Units Labor & Materials Overhead Pounds accounted for as follows: Transfer out WIP:E Total pounds accounted for Costs per Equivalent Unit Cost to be accounted for: Materials $14,600 133,400 $382,000 $148,000 185,000 $0.80 Correct! Total Labor & Overhead Whole Unit $7,200 226,800 $234,000 180,000 $1.30 $2.10 Correct! Correct! 170,000 15,000 185,000 Correct! 170,000 10,000 180,000 Correct!

9th e Problem 4-21

185,000 Correct!

Total cost to be accounted for Equivalent units Cost per equivalent unit Cost Reconciliation

Costs Cost accounted for as follows: $357,000 Work in process, May 31

Equivalent Units Materials Labor and Overhead 170000*2.1 12,000 13,000 15000*.8 10000*1.3

Total work in process, May 31 Total cost accounted for

25,000 $382,000

Correct! Correct!

Student Name: Moudassir Habib Class: MBA - 3A Problem 4-30 PROVOST INDUSTRIES Finishing Department Production Report Quantity Schedule and Equivalent Units Quantity Schedule Units to be accounted for: WIP-Beginning (M:100%, C: 60%) Transferred in Total units to be accounted for 450 1,950 2,400 Correct! Equivalent Units Transferred In Materials Conversion Units accounted for as follows: Transferred Out Units WIP:E Total units accounted for 450 1,950 2,400 Correct! 1,800 600 2,400 Correct! 1,800 1,800 Correct! 1,800 210 2,010 Correct!

9th e Case 4-26

Costs per Equivalent Unit Total Cost Cost to be accounted for: Cost of Inventory WIP:O Cost added during this period Total cost to be accounted for Equivalent units Cost per equivalent unit Cost Reconciliation Equivalent Units Transferred Total Cost In Materials Conversion Cost accounted for as follows: Cost of Transferred out Units Work in process, April 30: tranferred in Material Conversion Total work in process Total cost accounted for $39,096 5,502 0 1,680 7,182 $46,278 5,502 0 1,680 Correct! Correct! 1880*21.72 $8,208 38,070 $46,278 Transferred In $4,068 17,940 $22,008 2,400 $9.17 Correct! Materials $1,980 6,210 $8,190 1,800 $4.55 Correct! Conversion $2,160 13,920 $16,080 2,010 $8.00 Correct! Whole Unit

$21.72 Correct!

1880*21.72

Given Data P04-23: WESTON PRODUCTS Inventory, May 1 Pounds Complete May costs added: Raw materials Pounds Labor and overhead Work in process inventory: Materials cost Labor and overhead cost Check figures: Materials per unit Work in process, 5/31 21,800 18,000 1/3

133,400 167,000 226,800

$14,600 $7,200

$0.80 25,000

Student Name: Moudassir Habib Class: MBA - 3A Problem 4-24 SUPERIOR BRANDS, INC. Cracking Department Production Report Quantity Schedule and Equivalent Units Quantity Schedule Gallons to be accounted for: WIP:B Added during the month Total gallons to be accounted for 10,000 140,000 150,000 Correct! Equivalent Units Materials Conversion Gallons accounted for as follows: Transferred to Mixing: WIP:B Started and Completed Work in process, April 30 Total gallons accounted for

9th e Problem 4-20

10,000 110,000 30,000 150,000 Correct!

0 110,000 30,000 140,000 Correct!

2,000 110,000 18,000 130,000 Correct!

Costs per Equivalent Unit Cost to be accounted for: WIP:B Cost added during the month Total cost to be accounted for Equivalent units Cost per equivalent unit Cost Reconciliation Total Cost Cost accounted for as follows: Transferred to Mixing: From the beginning inventory: Cost of Inventory Cost to complete these units: WIP:C Total cost from beginning inventory Gallons started & completed in April Total cost transferred to Mixing Work in process, April 30: Cost of DM Cost of Conversion Total work in process, April 30 Total cost accounted for Equivalent Units Materials Conversion Total Materials Conversion Whole Unit $39,000 571,000 $259,000 $312,000 $610,000 140,000 130,000 $1.85 $2.40 $4.25 Correct! Correct! Correct!

$39,000 0 4,800 43,800 467,500 511,300 55,500 43,200 98,700 $610,000 Correct! Correct! 4,800 2000*2.4

110000*4.25

Given Data P04-24: SUPERIOR BRANDS, INC. Inventory, April 1 Gallons Complete April costs added: Materials Gallons Labor and overhead Inventory, July 31 Gallons Complete Check figures Materials (per equivalent unit) Work in process, April 30 39,000 10,000 80%

259,000 140,000 312,000 ? 30,000 60%

$1.85 $98,700

Given Data P04-30: PROVOST INDUSTRIES Finishing department costs: Work in process inventory, April 1 Costs transferred in Materials cost Conversion costs Units Complete as to conversion costs Costs transferred in from the Molding department Units Material added during April Added when Finishing department has partially completed Conversion costs added during April Total departmental costs Finishing department costs assigned to: Units completed and transferred to finished goods Units Unit cost Work in process inventory, April 30 (units) Complete as to conversion costs Total departmental costs assigned Check figures: (1) Work in process, April 30

$8,208 4,068 1,980 2,160 450 60% 17,940 1,950 6,210 50% 13,920 $46,278

$46,278 1,800 $25.71 600 35% $46,278

$7,182