DI Units

Started 10000
EWIP, 40% 5000

Cost:
DM 24000
CC 18000
42000
FIFO- Costs are applied evenly throughout the production.

BSAM Company
Cost of Production Report - Dept 1
For the month of October 2018

Quantity Schedule: Actual Units Work Done EUP

DM
Units to Account for:
Started this month 10,000

Units Accounted for as follows:

Started, Finished & Transferred 5000 100% 5000
EWIP 5000 40% 2000
10000 7000

Cost Schedule Total DM

Cost to Account for
Cost Added this month 42,000 24,000

CPU (Cost/EUP) 6.00 3.43

Cost Accounted for as follows:
Started, Finished & Transferred, 5,000 Units 30,000.00 17,142.86
EWIP, 5,000 UNITs, 40% completed 12,000.00 6,857.14
Total Cost Accounted for 42,000.00 24,000.00

Data for the Month of Nov.:

Statrted this month 20,000
EWIP, 60% completed 6,000
Cost this month:
DM 71,070
CC 53,560
124,630
 BSAM Company
Cost of Production Report - Dept 1
For the month of November 2018

Quantity Schedule:
Actual Units Work Done EUP
Units to Account for: DM
BWIP 5,000
Started this month 20,000
TOTAL units to account for 25,000
Units Accounted for as follows:
BWIP, Finished & Transferred 5,000 60% 3,000
Started, Finished & Transferred 14,000 100% 14,000
EWIP 6,000 60% 3,600
Total Units Accounted for 25,000 20,600

Cost Schedule: Total DM

BWIP 12,000.00 6,857.14
CURRENT Period 124,630.00 71,070.00
Total Cost to Account for 136,630.00 77,927.14

CPU 6.05 3.45

COST Accounted for as follows:

Finished & Transferred:
BWIP 5000
Cost last month 12,000.00 6,857.14
Cost this month 18,150.00 10,350.00
Total 30,150.00 17,207.14
Started this month 14000 84,700.00 48,300.00
Total Cost Transferred out 6.04 114,850.00 65,507.14
EWIP,6000 UNITS, 60% COMPLETED 21,780.00 12,420.00
TOTAL COST ACCOUNTED FOR 136,630.00 77,927.14

JE: Monh of October

WIP, D1 42,000.00
DM 24,000.00
CC 18,000.00

WIP, D2 30,000.00
WIP, D1 30,000.00
WIP, D2 66,000.00
DM 22,000.00
CC 44,000.00

FINISHED GOODS 84,000.00

WIP, D2 84,000.00
EUP
CC

5000
2000
7000

CC

18,000

2.57

12,857.14
5,142.86
18,000.00
EUP
CC

3,000
14,000
3,600
20,600

CC
5,142.86
53,560.00
58,702.86

2.60

5,142.86
7,800.00
12,942.86
36,400.00
49,342.86
9,360.00
58,702.86
October: Units
Received from D1 @P6 5000
EWIP, 40% 1000
Cost this month
DM 22000
CC 44000

BSAM Company
Cost of Production Report - Dept 2
For the month of October 2018

Quantity Schedule: Units

Transferred in 5,000
EUP
Units accounted for as follows: Actual T-IN DM CC
Finished & Transferred out 4,000 4,000 4,000 4,000
EWIP 1,000 1,000 400 400
Total Units and EUPs 5,000 5,000 4,400 4,400

Cost Schedule: Total T-IN DM CC

Current Period costs 96000 30000 22000 44000
Cost per EUP 21 6 5 10
Cost Accounted for as follows:
Finished & Transferred out, 4,000 units 84,000 24,000.0 20,000.0 40,000.0
EWIP, 1,000 Units, 40% completed 12,000 6,000.0 2,000.0 4,000.0
Total Cost Accounted for 96,000 30,000.0 22,000.0 44,000.0

Nov. Data:
EWIP, 4,000 UNITS, 1/4 COMPLETED
COST: DM, P83,000; CC, P166,000

BSAM Company
Cost of Production Report - Dept 2
For the month of November 2018

Quantity Schedule: Actual T-in DM CC

BWIP 1,000
Transferred in this month 19,000
Total Units to account for 20,000
Units accounted for as follows:
Finished & Transferred out
 BWIP 1,000 0 600.0 600.0
T-in this month 15,000 15,000 15,000 15,000
EWIP 4,000 4,000 1000 1000
Total Units and EUPs 20,000 19,000 16,600 16,600

Cost Schedule: Total T-in DM CC

BWIP 12,000.0 6,000.0 2,000.0 4,000.0
Current Period costs 363,850.0 114,850.00 83,000 166,000
Total Cost to account for 375,850.0 120,850.0 85,000.0 170,000.0
Cost per EUP 21.04 6.04 5.00 10.00

Cost Accounted for as follows:

BWIP, Finished & Transferred, 1,000 U.
Cost Last month 12,000 6,000 2,000 4,000
Cost this month 9,000 - 3,000 6,000
Total 21,000 6,000 5,000 10,000
T-in, Finished & T-out 315,671 90,671 75,000 150,000
Total Cost transferred out @P21.04/U 336,671 96,671 80,000 160,000
EWIP, 4,000 UNITS, 1/4 completed 39,179 24,179 5,000 10,000
Total Cost Accounted for 375,850 120,850 85,000 170,000
21.04
DI Units
Started 10000
EWIP, 40% 5000

Cost:
DM 24000
CC 18000
42000
WA-Costs are applied evenly throughout the production.

BSAM Company
Cost of Production Report - Dept 1
For the month of October 2018

Quantity Schedule: Actual Units Work Done EUP

DM
Units to Account for:
Started this month 10,000

Units Accounted for as follows:

Started, Finished & Transferred 5000 100% 5000
EWIP 5000 40% 2000
10000 7000

Cost Schedule Total DM

Cost to Account for
Cost Added this month 42,000 24,000

CPU (Cost/EUP) 6.00 3.43

Cost Accounted for as follows:
Started, Finished & Transferred, 5,000 Units 30,000.00 17,142.86
EWIP, 5,000 UNITs, 40% completed 12,000.00 6,857.14
Total Cost Accounted for 42,000.00 24,000.00

Data for the Month of Nov.:

Statrted this month 20,000
EWIP, 60% completed 6,000
Cost this month:
DM 71,070
CC 53,560
124,630
 BSAM Company
Cost of Production Report - Dept 1
For the month of November 2018

Quantity Schedule:
Actual Units Work Done EUP
Units to Account for: DM
BWIP 5,000
Started this month 20,000
TOTAL units to account for 25,000
Units Accounted for as follows:
BWIP, Finished & Transferred 5,000 100% 5,000
Started, Finished & Transferred 14,000 100% 14,000
EWIP 6,000 60% 3,600
Total Units Accounted for 25,000 22,600

Cost Schedule: Total DM

BWIP 12,000.00 6,857.14
CURRENT Period 124,630.00 71,070.00
Total Cost to Account for 136,630.00 77,927.14

CPU 6.05 3.45

COST Accounted for as follows:

Finished & Transferred:
BWIP 5000 30227.87611 17240.51833
Started this month 14000 84,638.05 48,273.45
Total Cost Transferred out 6.05 114,865.93 65,513.97
EWIP,6000 UNITS, 60% COMPLETED 21,764.07 12,413.17
TOTAL COST ACCOUNTED FOR 136,630.00 77,927.14

JE: Monh of October

WIP, D1 42,000.00
DM 24,000.00
CC 18,000.00

WIP, D2
WIP, D1

WIP, D2
DM
 CC

FINISHED GOODS
WIP, D2
EUP
CC

5000
2000
7000

CC

18,000

2.57

12,857.14
5,142.86
18,000.00
EUP
CC

5,000
14,000
3,600
22,600

CC
5,142.86
53,560.00
58,702.86

2.60

12987.35777
36,364.60
49,351.96
9,350.90
58,702.86
EUP: D1 D2
Lost U Occurred @
Start of the process 0 0
DURING THE PROCESS
Continous 0 0
Discrete % OF COMP % OF COMP
END 100% 100%

COST:
Lost U Occurred @
Start of the process 0 T-IN cost
DURING THE PROCESS
C 0 T-IN cost
D EUP @ U-COST T-IN cost
EUP@U-COST
END 100% 100% T-IN
100% THIS DEPT

ABSORBING UNITS:
Lost U Occurred @
Start of the process 0 all units except bwip
DURING THE PROCESS
C 0 all units except bwip
D EUP EUP
END ALL, except ewip ALL, except ewip
Given: FIFO Unit COST: M CC
BWIP, 60% PROCESSED 5000 25,000 6,000
Started 15000 65,000 26,800
Trans-out 16000
EWIP, 1/5 COMPLETED 2000

Normal spoilage is 10% of units stated during the period

Assume that normal spoilage occurred at the start of the process
Materials are added at the start of the process, CC are applied evenly.

Quantity Schedule: Actual DM CC

BWIP 5000
Started 15000
Total units to account for 20000

BWIP, Finished & Transferred 5000 0 2000

Started, Fin. &Transferred 11000 11000 11000
Normal Spoiled units 1500 0 0
Abnormal Lost Units 500 500 0
EWIP 2000 2000 400
TOTAL units accounted 20000 13500 13400
JE:
Cost Analysis: TOTAL DM CC WIP, D1
BWIP 31,000 25,000 6,000 MAT
ADDED THIS MONTH 91,800 65,000 26,800 CC
TOTAL Cost to account for 122,800 90,000 32,800
Loss from Abnormal Spoilage
CPU 6.81 4.81 2.00 WIP, D2
WIP, D1
BWIP, Finshed & Transferred
Cost last month 31,000 25,000 6,000
Cost this month 4,000 - 4,000 WIP, D1- Beg
Total 35,000 25,000 10,000
Finished & Transferred 74,963 52,963 22,000
Total cost t-out 109,963 77,963 32,000 Ending Balance
Abnormal Lost Units 2,407 2,407 -
EWIP 10,430 9,630 800
TOTAL COST Accounted 122,800 90,000 32,800

Case 2 - spoilage occurred at the end of the process

Quantity Schedule: Actual DM CC
BWIP 5000
Started 15000
Total units to account for 20000

BWIP, Finished & Transferred 5,000 - 2,000

Started, Fin. &Transferred 11,000 11,000 11,000
Normal Spoiled units 1,500 1,500 1,500
Abnormal Spoiled Units 500 500 500
EWIP 2,000 2,000 400
TOTAL units accounted 20,000 15,000 15,400

Cost Analysis: TOTAL DM CC

BWIP 31,000 25,000 6,000
ADDED THIS MONTH 91,800 65,000 26,800
TOTAL Cost to account for 122,800 90,000 32,800
CPU 6.07 4.33 1.74

BWIP, Finshed & Transferred

Cost last month 31,000 25,000 6,000
Cost this month 3,481 - 3,481
Total 34,481 25,000 9,481
Finished & Transferred 66,810 47,667 19,143
Normal Spoiled Units 9,110 6,500 2,610
Total cost t-out 110,400 79,167 31,234 6.90
Abnormal Lost Units 3,037 2,167 870
EWIP 9,363 8,667 696
TOTAL COST Accounted 122,800 90,000 32,800
 91,800
65,000
26,800

2,407
109,963
112,370

31,000
91,800
(112,370)
10,430
Data for October Units Cost: T-in Mat CC
BWIP, 40% Complete 5,000 BWIP 35000 10,000 6,000
Transferred in 16,000 Cost this mo 112000 28,000 48,000
Transferred out 15,000 7.00
Spoiled units 2,000
EWIP, 1/2 completed ?
FIFO-Materials are added at the start of the process.
A) Spoilage occurred at the start of the process
FIFO
EUP
Quantity Schedule: Actual T-IN DM CC Actual
BWIP 5000 5000
Transferred In 16000 16000
Total units to account for 21000 21000

BWIP, Finished & Transferred 5,000 - - 3,000 5,000

Received, Fin. &Transferred 10,000 10,000 10,000 10,000 10,000
Normal Spoiled units 2,000 - - - 2,000
EWIP 4,000 4,000 4,000 2,000 4,000
TOTAL units accounted 21,000 14,000 14,000 15,000 21,000

Cost Analysis: TOTAL

BWIP 51,000 35000 10,000 6,000 51,000
ADDED THIS MONTH 188,000 112000 28,000 48,000 188,000
TOTAL Cost to account for 239,000 147,000.00 38,000.00 54,000.00 239,000.00
CPU 13.20 8.00 2.00 3.20 12.91

BWIP, Finshed & Transferred

Cost last month 51,000 35,000 10,000 6,000
Cost this month 9,600 - - 9,600
Total 60,600 35,000 10,000 15,600
RECEIVED, Finished & Transferr 132,000 80,000 20,000 32,000
Total cost t-out 192,600 115,000 30,000 47,600
EWIP 46,400 32,000 8,000 6,400
TOTAL COST Accounted 239,000 147,000 38,000 54,000

Case 2 - Lost Units Occurred at the end of the process

Quantity Schedule: Actual T-IN DM CC
BWIP 5000 5000
Transferred In 16000 16000
Total units to account for 21000 21000
BWIP, Finished & Transferred 5000 0 0 3000 5000
Received, Fin. &Transferred 10000 10000 10000 10000 10000
Normal Spoiled units 2000 2000 2000 2000 2000
EWIP 4000 4000 4000 2000 4000
TOTAL units accounted 21000 16000 16000 17000 21000

Cost Analysis:
BWIP 51,000 35000 10,000 6,000 51,000
ADDED THIS MONTH 188,000 112000 28,000 48,000 188,000
TOTAL Cost to account for 239,000 147,000.00 38,000.00 54,000.00 239,000
CPU 11.57 7.00 1.75 2.82

BWIP, Finshed & Transferred

Cost last month 51,000 35,000 10,000 6,000
Cost this month 8,471 - - 8,471
Total 59,471 35,000 10,000 14,471
RECEIVED, Finished & Transferr 115,735 70,000 17,500 28,235
Normal Lost Units 23,147 14,000 3,500 5,647
Total cost t-out 198,353 119,000 31,000 48,353 13.22
EWIP 40,647 28,000 7,000 5,647
TOTAL COST Accounted 239,000 147,000 38,000 54,000
 WA
EUP
T-IN DM CC

5,000 5,000 5,000

10,000 10,000 10,000
-
4,000 4,000 2000
19,000 19,000 17,000

T-IN DM CC
35000 10,000 6,000
112000 28,000 48,000
147,000.00 38,000.00 54,000.00
7.74 2.00 3.18
 5000 5000 5000
10000 10000 10000
2000 2000 2000
4000 4000 2000
21000 21000 19000

35000 10,000 6,000

112000 28,000 48,000
147,000.00 38,000.00 54,000.00
7.00 1.81 2.84
D3 uses FIFO and adds materials afer inspection at 80% stage of completion.
normal spoilage is 10% of the units reaching inspection point. CC are added
evenly throughout the process.
Data for October follows:
BWIP, 3/4 completed 10000
Received from D2@P12 15000
EWIP, 2/5 to complete 5000
Transferred out 17000
Cost: T-in DM CC
BWIP 120,000.00 15,000.00
Current month 180,000.00 51,000.00 27,800.00
FIFO FIFO
Quantity Schedule Actual T-IN DM CC
BWIP
T-IN from D2
Total -
Total T-IN DM CC
BWIP, Finished & Transferred
T-in from D2, Finished & T-out
Normal spoiled units
Abnormal Spoiled Units
EWIP
Total - - - -
Cost Schedule:
BWIP
Current period
Total Cost to Account for
CPU
Cost Accounted for as follows
BWIP, Finshed & Transferred
Cost last month
Cost this month
Total
RECEIVED, Finished & Transferred
Normal Lost Units
Total cost t-out
Abnormal Lost Units
EWIP
TOTAL COST Accounted - - - -
Data for October Units Cost: T-in Mat
BWIP, 40% Complete 5,000 BWIP 35000 10,000
Transferred in 16,000 Cost this mo 112000 28,000
Transferred out 15,000 7.00
Spoiled units 2,000
EWIP, 1/2 completed ?
FIFO-Materials are added at the start of the process.
A) Spoilage occurred at the during of the process
Process of neglect FIFO
EUP
Quantity Schedule: Actual T-IN DM CC
BWIP 5000
Transferred In 16000
Total units to account for 21000

BWIP, Finished & Transferred 5,000 - - 3,000

Received, Fin. &Transferred 10,000 10,000 10,000 10,000
Normal Spoiled units 2,000 - - -
EWIP 4,000 4,000 4,000 2,000
TOTAL units accounted 21,000 14,000 14,000 15,000

Cost Analysis:
BWIP 51,000 35000 10,000 6,000
ADDED THIS MONTH 188,000 112000 28,000 48,000
TOTAL Cost to account for 239,000 147,000.00 38,000.00 54,000.00
CPU 13.20 8.00 2.00 3.20

BWIP, Finshed & Transferred

Cost last month 51,000 35,000 10,000 6,000
Cost this month 9,600 - - 9,600
Total 60,600 35,000 10,000 15,600
RECEIVED, Finished & Transferred 132,000 80,000 20,000 32,000
Total cost t-out 192,600 115,000 30,000 47,600
EWIP 46,400 32,000 8,000 6,400
TOTAL COST Accounted 239,000 147,000 38,000 54,000

Case 2 - Lost Units Occurred at the inspection point of 80% of the process.
Quantity Schedule: Actual T-IN DM CC
BWIP 5000
Transferred In 16000
Total units to account for 21000
BWIP, Finished & Transferred 5000 0 0 3000
Received, Fin. &Transferred 10000 10000 10000 10000
Normal Spoiled units 2000 2000 2000 1600
EWIP 4000 4000 4000 2000
TOTAL units accounted 21000 16000 16000 16600

Cost Analysis:
BWIP 51,000 35000 10,000 6,000
ADDED THIS MONTH 188,000 112000 28,000 48,000
TOTAL Cost to account for 239,000 147,000.00 38,000.00 54,000.00
CPU 11.64 7.00 1.75 2.89
Adjustment for normal lost units
22,126.51 14,000.00 3,500.00 4,626.51
Adj to CPU 1.56 1.00 0.25 0.31
BWIP, Finshed & Transferred
Cost last month 51,000 35,000 10,000 6,000
Cost this month 8,675 - - 8,675
Ajustment for lost Units 925 - - 925
Total 60,600 35,000 10,000 15,600
RECEIVED, Finished & Transferred 132,000 80,000 20,000 32,000
Total cost t-out 192,600 115,000 30,000 47,600
EWIP 40,783 28,000 7,000 5,783
Adjustment for lost units 5,617 4,000 1,000 617
Total EWIP 46,400 32,000 8,000 6,400
TOTAL COST Accounted 239,000 147,000 38,000 54,000

Lost Units occurred at the end of the process

Quantity Schedule: Actual T-IN DM CC
BWIP 5000
Transferred In 16000
Total units to account for 21000

BWIP, Finished & Transferred 5000 0 0 3000

Received, Fin. &Transferred 10000 10000 10000 10000
Normal Spoiled units 2000 2000 2000 2000
EWIP 4000 4000 4000 2000
TOTAL units accounted 21000 16000 16000 17000

Cost Analysis:
BWIP 51,000 35000 10,000 6,000
ADDED THIS MONTH 188,000 112000 28,000 48,000
TOTAL Cost to account for 239,000 147,000.00 38,000.00 54,000.00
CPU 11.57 7.00 1.75 2.82
Adjustment for normal lost units
23,147.06 14,000.00 3,500.00 5,647.06
Adj to CPU 2.18 1.40 0.35 0.43
BWIP, Finshed & Transferred
Cost last month 51,000 35,000 10,000 6,000
Cost this month 8,471 - - 8,471
Ajustment for lost Units 1,303 - - 1,303
Total 60,774 35,000 10,000 15,774
RECEIVED, Finished & Transferred 137,579 84,000 21,000 32,579
Total cost t-out 198,353 119,000 31,000 48,353
EWIP 40,647 28,000 7,000 5,647
TOTAL COST Accounted 239,000 147,000 38,000 54,000