Max Corporation

Department A
Cost of Production Report
For the month of April 2015

Actual Materials X Materials Y Labor and OH

Qty Schedule Units WD EUP WD EUP WD
In Process Apr 1 15,000.00 100% 15,000.00 0% - 1/3
Started 95,000.00
Total 110,000.00

Completed
In Process Apr 1 15,000.00 0% - 100% 15,000.00 2/3
Started 85,000.00 100% 85,000.00 100% 85,000.00 100%
In Process Apr 30 10,000.00 100% 10,000.00 0% - 25%
Total 110,000.00 95,000.00 100,000.00

Cost charged to the Department A

In Process Added this
Total EUP
April 1 April
Materials X 284,500.00 37,500.00 247,000.00 95,000.00
Materials Y 385,000.00 - 385,000.00 100,000.00
Labor 331,875.00 15,000.00 316,875.00 97,500.00
Overhead 497,812.50 22,500.00 475,312.50 97,500.00
Total cost to be accounted for 1,499,187.50 75,000.00 1,424,187.50

Cost accounted as follows:

Completed and Transferred to Department B
In process Apr 1
Cost Last Month 75,000.00
Cost to complete
Material Y 15,000.00 X 3.85000 57,750.00
Labor 10,000.00 X 3.25000 32,500.00
Overhead 10,000.00 X 4.87500 48,750.00 139,000.00
Started and Completed 85,000.00 X 14.57500
Total
In Process Apr. 30
Material X 10,000.00 X 2.60000 26,000.00
Labor 2,500.00 X 3.25000 8,125.00
Overhead 2,500.00 X 4.87500 12,187.50
Total cost as accounted for
Labor and OH
EUP
5,000.00

10,000.00 1
85,000.00 1
2,500.00 1
97,500.00 2

Unit Cost

2.600 1 Material X
3.850 1 Material Y
3.250 1 Payroll
4.875 1 FOH - Applied
14.575 1 WIP - Dept A

214,000.00 1
1,238,875.00 1
1,452,875.00 1 WIP - Dept B
WIP - Dept A

46,312.50 1
1,499,187.50 1
15
Max Corporation
Department B
Cost of Production Report
For the month of April 2015

Actual Materials Z Labor and OH

Qty Schedule Units WD EUP WD
In Process Apr 1 25,000.00 100% 25,000.00 60%
Received from Dept. A 100,000.00
Total 125,000.00

Completed
In Process Apr 1 25,000.00 0% - 40%
Received from Dept. A 82,000.00 100% 82,000.00 100%
In Process Apr 30 18,000.00 100% 18,000.00 80%
Total 125,000.00 100,000.00

Cost charged to the Department B

In Process Added this
Total EUP
April 1 month
Cost from Department A 1,710,375.00 257,500.00 1,452,875.00 100,000.00
Cost added this Department
Materials Z 447,500.00 87,500.00 360,000.00 100,000.00
Labor 253,440.00 30,000.00 223,440.00 106,400.00
Overhead 202,752.00 24,000.00 178,752.00 106,400.00
Total cost added this department 903,692.00 141,500.00 762,192.00
Total cost to be accounted for 2,614,067.00 399,000.00 2,215,067.00
1 1 1 1
Cost accounted as follows:
Transferred to Finished Goods Inventory
In process Apr 1
Cost Last Month 399,000.00
Cost to complete
Labor 10,000.00 X 2.10000 21,000.00
Overhead 10,000.00 X 1.68000 16,800.00 37,800.00
Received and Co 82,000.00 X 21.90875
Total
In Process Apr. 30
Cost from Dep 18,000.00 X 14.52875 261,517.50
Material Z 18,000.00 X 3.60000 64,800.00
Labor 14,400.00 X 2.10000 30,240.00
Overhead 14,400.00 X 1.68000 24,192.00
Total cost as accounted for
Labor and OH
EUP
15,000.00

10,000.00 1
82,000.00 1
14,400.00 1
106,400.00 2

Unit Cost

14.528750 1

3.600000 1
2.100000 1
1.680000 1
7.380000
21.908750 1
1

436,800.00 1
1,796,517.50 1
2,233,317.50 1 FG
WIP - Dept B

380,749.50 1
2,614,067.00 1
15
Max Corporation
Department B
Cost of Production Report
For the month of April 2015

Actual Materials Z Labor and OH

Qty Schedule Units WD EUP WD
In Process Apr 1 25,000.00 100% 25,000.00 60%
Received from Dept. A 100,000.00
Total 125,000.00

Completed 107,000.00 100% 107,000.00 100%

In Process Apr 30 18,000.00 100% 18,000.00 80%
Total 125,000.00 125,000.00

Cost charged to the Department B

In Process Added this Total EUP
April 1 month
Cost from Department A 257,500.00 1,452,875.00 1,710,375.00 125,000.00
Cost added this Department
Materials Z 87,500.00 360,000.00 447,500.00 125,000.00
Labor 30,000.00 223,440.00 253,440.00 121,400.00
Overhead 24,000.00 178,752.00 202,752.00 121,400.00
Total cost added this department 141,500.00 762,192.00 903,692.00
Total cost to be accounted for 399,000.00 2,215,067.00 2,614,067.00

Cost accounted as follows:

Transferred to Finished Goods Invent 107,000.00 X 21.0207595
In Process Apr. 30
Cost from Dep 18,000.00 X 13.68300 246,294.00
Material Z 18,000.00 X 3.58000 64,440.00
Labor 14,400.00 X 2.08764 30,062.08
Overhead 14,400.00 X 1.67012 24,049.66
Total cost as accounted for
Labor and OH
EUP
15,000.00

107,000.00
14,400.00
121,400.00

Unit Cost

13.683000

3.580000
2.087644
1.670115
7.337759
21.020759

2,249,221.26
WIP - Dept B

364,845.74
2,614,067.00
Cost charged to the Department B
In Added
Total Process this EUP Unit Cost
April 1 month
Cost from Department A
Cost added this Department
Materials Z
Labor
Overhead
Total cost added this department
Total cost to be accounted for