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module_2_working_papers.xls

16A-17B

P16A-17B
Req. 1
Start Complete Complete
Req. 2
Sue Electronics
Assembly Department
Equivalent Unit Computation
Month Ended April 30
Flow of Production Flow of Physical Units Equivalent Units
Direct Materials Conversion Costs
Units accounted for:
Completed and transferred out
Ending work in process, April 30
Total physical units accounted for
Equivalent units
Sue Electronics
Assembly Department
Cost per Equivalent Unit
Month Ended April 30
Flow of Production Direct Materials Conversion Costs
Beginning work in process
Costs added during April
Divide by equivalent units
Cost per equivalent unit
Req. 3
Sue Electronics
Assembly Department
Cost Assignment
Month Ended April 30
Assign costs: Direct Materials Conversion Costs Total
a. Completed and transferred out × ( + )
b. Ending work in process, April 30:
Direct materials ×
Conversion costs ×
Total ending work in process inventory, April 30
Total cost accounted for
Req. 4
Work in process inventory – Assembly
Bal., March 31 0

16A-19B

P16A-19B
Req. 1
Start Complete Complete
Req. 2
Root's Exteriors
Preparation Department
Equivalent Unit Computation
Month Ended March 31
Flow of Equivalent Units
Physical Conversion
Flow of Production Units Wood Adhesives Costs
Units accounted for:
Completed and transferred out
Ending work in process, Mar 31
Total physical units accounted for
Equivalent units
Req. 3
Root's Exteriors
Preparation Department
Cost per Equivalent Unit
Month Ended March 31
Conversion
Flow of Production Wood Adhesives Costs
Beginning work in process inventory
Costs added during March
Divide by equivalent units
Cost per equivalent unit
Root's Exteriors
Preparation Department
Cost Assignment
Month Ended March 31
Wood Adhesives Conversion Costs Total
a. Completed and transferred out × ( + + )
b. Ending work in process, Mar 31:
Wood ×
Adhesives
Conversion costs ×
Total ending work in process inventory
Total cost accounted for
Req. 4
Journal Entry
Date Accounts Debit Credit
Work in process inventory–Preparation
Bal., Feb 28 0

18-24A

P18-24A Be sure all calculations are provided; full credit will not be earned without calculations to support the answer.
Req. 1
Req. 2
Req. 3
Req. 4
British Productions
Contribution Margin Income Statement
Year Ended December 31, 2011

18-26A

P18-26A Be sure all calculations are provided; full credit will not be earned without calculations to support the answer.
Req. 1
Req. 2
Req. 3
Req. 4