Sheet 1: E6-2

	
	
	
	
	
	
	

		


		
Name:
		


		


		


	
	

		


		
Section:
		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		


		

		Use Paste Special/Formulas when copying between cells

		When totals, subtotals, and final amounts are correct the cell will change to green.
		


	
	

		


		


		


		


		


		


		


		


		


	
	

		


		
Exercise 6-2
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		
a. 
		


		


		


		


		


		
Equivalent Units
		


	
	

		


		


		


		


		


		


		
Material
		
Labor & Overhead
		


	
	

		


		
Units completed
		


		


		


		


		


		


		


	
	

		


		
Units, ending process:
		


		


		


		


		


		


		


	
	

		


		


		
All material
		


		


		


		


		


		


	
	

		


		


		
25% labor and overhead
		


		


		


		


		


		


	
	

		


		
Equivalent units
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		
b. 
		


		


		


		
Material
		
Labor
		
Overhead
		
Total
		


	
	

		


		
Work in process, beg.
		


		


		


		


		


		


		


	
	

		


		
Current costs
		


		


		


		


		


		


		


	
	

		


		
Total costs
		


		


		


		


		


		


		
*
	
	

		


		
Equivalent units
		


		


		


		


		


		


		


	
	

		


		
Unit costs
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		
c. 
		
Completed and transferred
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	
	

		
d. 
		
Ending work in process:
		


		


		


		


		


		


		


	
	

		


		


		
Materials
		


		


		


		


		


		


	
	

		


		


		
Labor
		


		


		


		


		


		


	
	

		


		


		
Overhead
		


		


		


		


		


		


	
	

		


		


		
Total 
		


		


		


		


		


		


	
	

		
e. 
		
Total costs accounted for
		


		


		


		


		


		


		
*
	
	

		


		


		


		


		


		


		


		


		


	
	

		


		


		
* rounding difference
		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


		


	



Sheet 2: E6-5

	
	
	
	
	
	
	
	

		
Name:
		


		


		


	
	

		
Section:
		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		

		Use Paste Special/Formulas when copying between cells

		When totals, subtotals, and final amounts are correct the cell will change to green.
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
Exercise 6-5
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
CASE 1
		


	
	

		


		


		


		


	
	

		
Units transferred
		


		


		


	
	

		
Units in process, end of period
		


		


		


	
	

		
Units in process, beginning of period
		


		


		


	
	

		


		
Units started in process
		


		


		


	
	

		
Units transferred
		


		


		


	
	

		
Units in process, end of period
		


		


		


	
	

		


		
Equivalent units - materials
		


		


		


	
	

		
Units transferred
		


		


		


	
	

		
Units in process, end of period, 
		


		


		


		
completed
		


		


		


	
	

		


		
Equivalent units - labor and factory overhead
		


		


		


	
	

		


		


		


		


	
	

		


		


		


		


		


		
Materials
		
Labor
		


	
	

		


		


		


		
Total costs for the period
		


		


		


		


	
	

		


		


		


		
÷ Equivalent units
		


		


		


		


	
	

		


		


		


		
Unit cost for period
		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
CASE 2
		


	
	

		


		


		


		


	
	

		


		


		


		


		


		
Materials
		
Labor
		


	
	

		


		


		


		
Total cost
		


		


		


		


	
	

		


		


		


		
÷ Unit cost
		


		


		


		


	
	

		


		


		


		
Equivalent units
		


		


		


		


	
	

		


		


		


		


	
	

		
Equivalent units - materials
		


		


		


	
	

		
Units transferred
		


		


		


	
	

		


		
Equivalent units in process, end of period, all materials
		


		


		


	
	

		
Equivalent units - labor and factory overhead
		


		


		


	
	

		
Units transferred
		


		


		


	
	

		


		
Equivalent units in process, end of period
		


		


		


		
completed
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
Units transferred
		


		


		


	
	

		
Units in process, end of period
		


		


		


	
	

		


		
Units started in process
		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
CASE 3
		


	
	

		


		


		


		


	
	

		
Equivalent units - labor and factory overhead
		


		


		


	
	

		
x Labor and factory overhead unit cost for period
		


		


		


	
	

		
Total cost
		


		


		


	
	

		
Less labor and factory overhead costs in process, beginning of period
		


		


	
	

		


		
Labor and factory overhead current month
		


		


		


	
	

		
Equivalent units - labor and factory overhead
		


		


		


	
	

		
Less equivalent units in process, end of period
		


		


		


		


		
completed
		


		


	
	

		


		
Units transferred
		


		


		


	
	

		
Units in process, end of period
		


		


		


	
	

		
Less:
		


		
Units started in process
		


		


		


		


		


	
	

		


		


		
Less units transferred
		


		


		


		


		


	
	

		


		
Units in process, beginning of period
		


		


		


	
	

		
Units transferred
		


		


		


	
	

		
Units in process, end of period
		


		


		


	
	

		
Equivalent units - materials
		


		


		


	
	

		
x Materials unit cost for period
		


		


		


	
	

		
Total cost for materials
		


		


		


	
	

		
Less materials cost in process, beginning of period
		


		


		


	
	

		


		
Materials cost current month
		


		


		


	
	

		


		


		


		


		


		


		


		


	



Sheet 3: E6-6

	
	
	
	

		
Name:
		


		


	
	

		
Section:
		


		


	
	

		


		


		


		


		


		


	
	

		

		Use Paste Special/Formulas when copying between cells

		When totals and subtotals are correct the cell will change to green.
		


	
	

		


		


		


		


		


		


	
	

		
Exercise 6-6
		


		


		


		


		


	
	

		


		


		


		


		


		


	
	

		


		
Materials
		
Labor
		
Overhead
		
Total
	
	

		
Beginning work in process
		


		


		


		


	
	

		
Cost for November
		


		


		


		


	
	

		
Total
		


		


		


		


	
	

		
Equivalent units
		


		


		


		


	
	

		
Average unit cost
		


		


		


		


	
	

		


		
( a )
		
( b )
		
( c )
		
( d )