Chapter 7 Process Costing System

Summary of Answers
TM3
1. B
2. A
3. B
4. B
5. A
6. A
7. E
8. E
9. C
10.E

Exercise 7-1
1.M 25000
L 23400
O 23400
2. 4.07
3.93610
4. 4700
Exercise 7-4
1. 35 000
2. 32 500
14.B
15.D
16.A
17.A
18.C
19.D
20.D
21.A
22.B
23.C
24.A

11. A
12. C
13. A
14. E
15. B
16. A
17. C

TM4
1. 0.6125
2. 3675
3.356280
4. 5000
5.N/A
6.48600
7.203000
8.8.9
9.45320
10.1500

3. 29.97
4. 1 285 000
5.1 075 175
Exercise 7-6
1.C
2..D
3.C
4.C
5.B
25.B
26.A
27.D
28.B
29.C
30.B
TM2
1.E
2.A
3.A

11.80000 , 56000
12.95000
13.9600
14.3.42
15.3.99
16.N/A
17.N/A
18.80 800, 85 600, 86 400
19.N/A
20.N/A

6.A
7.D
8.A
9.C
10.A
11.D
12.B
13.C
14.B
15.C

16.A

4.D
5.D
6.D
7.D
8.C
9.D
10.B
11.C
12.C
13.B
14.B

15.C
16.A
17.D
18.B
19.D

TM5
1.71666.67
2.73333.33
3.71000
4.11 700 , 10 000
5. N/A
6. N/A
7. N/A
8.42500 , 45 500
9. N/A
10.N/A

Problems 7-1 to
.Problem 7-4
(table)
TM1
1.B
2.B
3.A

TM3
1.B
2,A
3.B
4.B

4.B
5.B
6.E
7.D
8.C
9.C
10.D
11.A
12.A
13.D
5.A
6.D
7.E
8.E
9.C
10.D
11.A
12.D
13.A
14.E
15.B

______________________________________________________________________________
COMPUTATIONS:
EXERCISE 7-1
1

Actual Units

WIP, beg
Started
Units t account

5000
20000
25000

Completed
WIP, beg
Units accounted

23000
2000
25000

Total

WIP, beg
Cost added
Total cost
divided by EUP
Cost/EUP

4.07
93610

4
Materials
direct labor
overhead
WIP, end
Exercise 7-5

EUP
Materials

23000
2000
25000
Materials
12000
36000
48000
25000
1.92

Labor

23000
400
23400
Labor
6000
16000
22000
23400
0.94

Overhead

23000
400
23400
Overhead
8000
20200
28200
23400
1.21

3840
376
484
4700
Cost of Production Report
Mantrade Manufacturing Company

WIP, beginning
Started
Total Units to Account
WIP, beginning (500x2/3)
333
Units Started & Completed (4000-800)

Equivalent Units of Production

Units
Materials
500
4000
4500
500
3200

3200 3200

CC

WIP, ending (800x75%)

Total Units as Accounted
Assignment of Costs
Work in process, beginning cost
Materials (500x10x18)
Conversion
Total Costs
Work in process, end.
Materials (800x10x18)
Conversion (800x75%x80)= 3000/2
Total Costs as Accounted

800
4500

P 8325
P

90000
40000
144000
15000

Work in Process (4000x10x18)

Material Price Variance (20-18)x42000
Material Quantity Variance (42000-40000)x18
Raw Materials (42000x20)

159000
297325

840000
61995
13000
16005

Work in Process (4133x.5)x20

Manufacturing Overhead

41330

Manufacturing Overhead
Various Accounts

85000

P91000
41330
85000

P1
2
3
P6

2. A
Transferred Out
WIP, end
Total units to be accounted for

130000
138325

720000
84000
36000

Work in Process (4133x.5x30)

Labor Rate Variance (35-30)x2600
Labor Efficiency Variance (2600-2066.5)x30
Payroll (2600x35)

Exercise 7-6 Multiple Choices

1. D
Unit costs:
Materials
Labor
Factory Overhead
Unit cost in ending inventory

800 600
4000 4133

10,000
7,000
17,000

3. C

Materials

CC

Beginning Invty.
Started
Total Units to account for

10,000
10000

Units Transferred
WIP, end
Total units accounted for

7,000
3,000
10,000

7,000
3,000
10,000

7,000
1,500
8,500

7.4

27,000
10,000
2.70

39,950
8,500
4.70

Materials

CC

255,000
25,000
280,000

255,000
15,000
270,000

Costs
Divide by:
Total costs transferred to 2nd Department
4. C
WIP, beg
Started
Units to account for

40,000
240,000
280,000

Transferred out
WIP, end
Units accounted for

255,000
25,000
280,000

5. B

Materials
WIP, beg.
Started
Units Account to for

17,000
82,000
99,000

Transferred Out
WIP, end
Units accounted for

85,000
14,000
99,000

Beginning
Current
Total
Divide by:
Cost per EUP

Cost
12,800
69,700
82,500
99,000
0.833

6. D

85,000
14,000
99,000

CC
WIP, beg.

15,000

Started
Units to account for

42,000
57,000

Transferred out
WIP, end
Units accounted for

45,000
12,000
57,000

Materials ( 0*100)
CC (4,000*40%*30)
Transferred In (4,000*5)
Costs assigned to WIP, end

0
4,800
20,000
24,800

WIP, beg.
Started
Units to account for
less: WIP, end
Transferred out

7,000
32,000
39,000
2,500
36,500

45,000
9,600
54,600

7. D

8.C

9. B &
10. A

Materials

CC

WIP, beg.
Started
Units Account to for

7,000
32,000
39,000

WIP,beg.
Transferred Out
WIP, end
Units accounted for

7,000
29,500
2,500
39,000

29,500
2,500
32,00

4,200
29,500
625
34,325

36,500
2,500
39,000

Materials
36,500
2,500
39,000

CC
36,500
625
37,125

Mat. A

Mat. B

11. D &
12. B
Transferred Out
WIP, end
Units accounted for
13. C & 14. B
WIP, beg.
Started
Units Account to for

700
2,000
2,700

CC

WIP,beg.
Transferred Out
WIP, end
Units accounted for
15. C & 16. A
Beg.
Current
Divide by: EUP
Cost per EUP

700
1,500
500
2,700

1,500
500
2,000

490
1,500
250
2,240

280
1,500
400
2,180

96.25

Mat.A
14,270
40,000
2,000
20

Mat. B
5,950
70,000
2,240
31.25

CC
5,640
98,100
2,180
45

Problem1

Actual Units
WIP, beg
Started
Units accounted for

3600
7800
11400

WIP, beg
S&C
Completed
WIP, end
Units as accounted

3600
6000
9600
1800
11400

Total
WA
WIP, beg
Cost added
Total
EUP
Cost/EUP

38.96

transferred out (9600x38.96)

Mat (1800x22.18)
Labor (600x11.64)

Materials
WA
FIFO

WA

3000
6000
9600
360
9960

FIFO

40.5

360
9360

Materials
WA
FIFO
9200
211760 211760
220960
9960
9360
22.18
22.62

374016
39924
6984

9600
600
10200

WA
4800
113900
118700
10200
11.64

EUP
Labor
FIFO

Overhead
WA
FIFO

2700
6000

2400
600

600
9300

Labor
FIFO
113900
9300
12.25

9600
200
9800

200
8600

Overhead
WA
FIFO
2000
48400
48400
50400
9800
8600
5.14
5.63

OH (9800x5.14)
WIP, end

50372
97280

cost of manufactured
finished goods, beg( 400x22.18)
cost of sales

374016
8872
382888

FIFO method:
WIP, beg
Cost to be done:
Mat (3000x22.62)
Labor( 2700x12.25)
OH (2400x5.63)
started andcompleted
transferred out

16000
67800
33075
13512
243000
373447

Mat
Labor
OH
WIP, end

8143
7350
1126
16619

cost of goods manufactured

finished goods, end
Cost of sales

373447
40500
413947

PROCESS 2
Actual Units
WA
WIP, beg
Started
Units accounted for

1200
9600
10800

WIP, beg
S&C
Completed
WIP, end
Units as accounted

1200
7200
8400
2400
10800

Materials
FIFO

WA

800
7200
8400
400
8800

400
8400

EUP
Labor
FIFO

WA

Overhead
FIFO

960
7200
8400
800
9200

800
8960

900
7200
8400
600
9000

600
8700

Total
WA
WIP, beg
Cost added
Total
EUP
Cost/EUP

111.4

Materials
FIFO
WA
FIFO
8000
59500 59500
67500
8800
8400
103.55 7.67
7.08

Labor
FIFO

Overhead
Transferred in
WA
WA
FIFO
WA
FIFO
16500
33000
47300
154560 154560 302380 302380 374016 343447
171060
335380
421316
9200
8960
9000
8700
8800
8400
18.59
17.25
37.26
34.47
47.88
44.46

WA method:
transferred out (8400x111.4)

935760

Mat (400x7.67)
Labor (800x18.59)
OH (600x37.26)
Transferred in (400x47.88)
WIP, end

3068
14872
22356
19152
59448

cost of goods sold

finished goods, beg( 1000x111.4)
cost of sales

935760
111400
1047160

FIFO method:
WIP, beg
transferred in, beg
Cost to be done:
Mat (800x7.08)
Labor (960x17.25)
OH (980x34.76)
Started and completed cost
transferred out
WIP, end
Mat. (400x7.08)
Labor (800x17.25)
OH( 600x 34.76)

57500
47300
5664
16560
31284

53508
74556
232864

2832
13800
20856
37488

cost of goods manufactured

finished goods, end (1000x 103.55)
cost of sales

232864
103550
336414

Problem 7-4
1.
2.
3.
4.
5.
6.
7.

Quantity of normal spoilage

EUP for Material X
EUP for Material Y
EUP for CC
Quantity of normal units spoiled
Cost of goods manufactured
Cost of abnormal spoilage charged to
expense
8. Cost of units in process at end

4 500
44 200
22 100
66 300
3090
1 193 400
25 380
2 521 800

Solution:
(1-5)
F&T: IP, beg
Started & Completed
IP, end
Spoiled Units: normal
Abnormal
As accounted

18 000
55 800
6 000
4500
84 300

Materials
0
55 800
6000
3 090
1 410
66 300

CC
4500
55 800
1500
3 090
1 410
66 300

(6) 66 300 x P18= P1 193 400

(7) 1 410 x P 18= P 25 380
(8) 73 800 x 18= P 1 328 400
66 300 x 8= P 530 400
66 300 x 10= P 663 000
P 2 521 800

Test Material 1.
Completed and Transferred
IP, end
EUP

Material
s
190,000
30,000
220,000

Costs:

Material

1. B

CC
190,000
24,000
214,000

IP, beg.
Current
Total
Divide by: EUP
Cost per EUP
Multiply: Units transferred
Costs associated with Units
transferred

s
67,800
579,000
646,800
220,000
2.94
190,000
558,600

2. B
Costs:
IP, beg.
Current
Total
Divide by: EUP
Cost per EUP
Multiply: Units in Ip, end
Costs associated with Units
transferred

CC
29,300
248,900
278,200
214,000
1.3
24,000

Cost to account for

End
Less:DM (40,000*75%*3)
CC (40,000*60%*1.31)
Transferred out

925,000

31,200

3. A

EUP (WA)
Less: Beg
EUP (FIFO)
Divide by: IP, beg
Cost per EUP(FIFO)

90,000
31,440
803,560
Material
s
220,000
27,000
193,000
578,000
3

4. A

CC
214,000
24,000
190,000
248,900
1.31
CC

Beg.
Started
Units to Account for

2,000
8,000
10,000

Beg.
Transferred out
Normal Spoilage
End
EUP

2,000
5,000
500
2,500
10,000

Costs:
Started
Divide: EUP
Cost per EUP
Multiply: units completed
CC transferred to next department

72,250
8,500
8.5
7,000
59,500

5. B

1,000
5,000
500
2,000
8,500

Cloth
WIP, beg.
Started
Units Account to for

500
3,300
3,800

WIP,beg.
Transferred Out
WIP, end
Units accounted for

500
2,950
350
3,800

6. E
WIP, beg.
Started
Units to account for

2,000
23,000
25,000

Transferred out
WIP, end
Units accounted for

20,000
5,000
25,000

100
2,950
245
3,295
Material
s

CC

20,000
20,000

20,000
2,000
22,000

Beg.

Material
s
-

Current

34,000

Total
Divide by: EUP

34,000
20,000

7. E

CC
5,450
104,00
0
109,45
0
22,000

Transferred
In
17,050
184,000
201,050
25,000

Cost per EUP

14.72

Beg
Trans. In
Materials
CC
Cost of Units

22500
34000
94000
144000
294500

1.7

8. B

9. C
Finished and transferred
WIP-End
total

40000
10000
50000

10. D
WIP, beg.
Started
Units Account to for

5,000
24,250
29,250

WIP,beg.
Transferred Out
WIP, end
Units accounted for

5,000
21,750
2,500
29,250

Cost per EUP:

DM
(144,000/27,000)
DL (150,000/
27,000)
OH
(40,000/27,000)
21,750*11.26
3,250*4.22
3,250*5.56
3,250*1.48
Total
Cost of goods transferred to Molding Dept.

4.22
5.56
1.48
244,905
13,715
18,070
4,810
281,500
16,000
297,500

3,250
21,750
2,000
27,000

4.975

8.04

11. D
2000*4.2
2
2000*5.5
6
2000*1.4
8
Cost of IP, end in Mixing
Dept.

22,520

40,000 - 8,000
43,000 - 11,000

32,000
32,000

8,440
11,120
2,960

12. C

13. D

CC

TI

125,000
25,000

WIP, beg.
Started
Units Account to for

50,000
150,000
200,000

WIP,beg.

50,000

50,000

Transferred Out
WIP, end

125,000
25,000

125,000
-

Units accounted for

200,000

175000

5,000
125,00
0
16,250
146,25
0

DM

CC

TI

90
0
90

90
15
105

90
30
120

14. B
WIP, beg.
Started
Units to account for

40
80
120

Transferred out
WIP, end
Units accounted for

90
30
120

Cost per EUP:

TI (127,200/120)
DM (36000/90)
CC (67,725/105)
15. D

DM

1,060
400
645

150,000

TI (30*1060)
DM (0*400)
CC (15*645)
TOTAL

31,800
0
9,675
41,475
Material
s

16. A
WIP, beg.
Started
Units to account for

CC

475,000
475,000

Transferred out
WIP, end

425,000
50,000

425,000
50,000

Units accounted for

475,000

475,000

425,00
0
25,000
450,00
0

CC

TI

18,000
2,000
20,000

18,000
600
18,600

18,000
2,000
20,000

DM
(895000/475000)
CC
(4225000/450000)
TOTAL

1.88
9.39
11.27

17. A
Materials (50000*1.88)
CC (25000*9.39)
TOTAL

94,000
234,750
328,750

18. C

19. D
20. D
21. A

WIP, beg.
Started
Units to account for

4,000
16,000
20,000

Transferred out
WIP, end
Units accounted for

18,000
2,000
20,000

22. B
WIP, beg.
Started
TOTAL
Divide: EUP
Cost per EUP

94,000
164,000
258,000
60,000
4.3

Cost of F&T (WA):

50,000*10.4

520,000

Total costs accounted for

(94000+ 44400+ 164000+272800)
End
Costs of units transferred

575,200
53,400
521,800

Transferred Out
EUP
IP, end

DM
50,000
60,000
10,000

DM (10000*4.3)
CC (2000*6.1)
Cost allocated to IP, end (WA)

43,000
12,200
55,200

DM (10000*4.1)
CC (2000*6.2)
Cost allocated tp IP, end
(FIFO)

41,000
12,400

M (2,500*80%*20)
CC (2500*60%*18)
Cost of the 2500 units

40,000
27,000
67,000

44,400
272,800
317,200
52,000
6.1

10.4

23. C

24. A

CC
50,000
52,000
2,000

25. B

53,400

26. A

27. D

M
WIP, beg.
Started
Units Account to for

2,500
15,000
17,500

CC

WIP,beg.
Transferred Out
WIP, end
Units accounted for

2,500
14,500
500
17,500

Materials
(15125*10)

151,250

28. B
F&T (14500*22)
M (500*10)
CC (1000*12)
Total cost
transferred

319,000
5,000
12,000
67,000
403,000

29. C
DM-ingredients (7,200*100%*0.35)
DM- package (7200*0%*0.05)
DL (7200*30%*0.07)
OH (7200*30%*.13)
IP, beg bal.

2,520
151.2
280.8
2,952

30. B

IP, end

7,200
144,000
151,
200
147,960
3,240

DM- Ing. (3,240*100%*.35)

Dm- Package (3,240 * 0%* .
05)
DL
(3,240*^0%*0.07)
OH (3,240*60%*.13)

1, 134
136.08
252.72
1,522.80

500
14,500
125
15125

1,000
14,500
125
15,625

Test Material 2.
1. E
A
Beg-WIP
Started
End-WIP
EUP

7500
2500
10000

B
3500
7500
1250
12250

2. A

EUP
WIP, beg.
Started
Units Account to for

20,000
120,000
140,000

WIP,beg.
Transferred Out
WIP, end
Units accounted for

20,000
90,000
30,000
140,000

Cost per EUP:

372000/ 120000
Material cost in IP, end:
(3.1*30,000)

3.1

93,000

3. A

EUP
WIP, beg.
Started
Units Account to for

5,000
24,250
29,250

WIP,beg.
Transferred Out
WIP, end
Units accounted for

5,000
21,750
2,500
29,250

Cost per EUP:

Material (114000/25000)
CC
(150000/25000)
OH (40000/25000)
Total cost per EUP
4. D

90,000
30,000
120,000

1,250
21,750
2,000
25,000

4.36
6
1.6
12.16
EUP

WIP, beg.
Started
Units to account for

18,500
84,400
102,900

Transferred out
WIP, end
Units accounted for

90,100
12,800
102,900

90,100
12,800
102,900

5. C
Completed & Transferred:
Beginning
Started
End

13,875
71,600
2,560
88,035

6. D
WIP, beg.
Started
Units to account for

10,000
10,000

Transferred out
WIP, end
Units accounted for

8,000
2,000
10,000

Cost per EUP:

DM (33000/10000)
CC (17500/8500)
Cost of transferred out
(8000*5.3)
Cost of IP, end
DM(2000*3.3)
CC(500*2)
TOTAL

DM

CC

8,000
2,000
10,000

8,000
500
8,500

71,840
4,160
24,000
100,000

71,840
4,160
18,000
94,000

3.3
2

42,400
6,600
1,000
7,600

7. D
Transferred out
Completed & on hand
WIP, end
Units accounted for

71,840
4,160
24,000
100,000

8. C
EUP,WIP-beg
Units,WIP-beg
Ratio

12000
20000
60%

Total
Converted
WIP-Beg

100%
60%
40%

9. D
Started & completed
(50000- 20000)

30,000

10. B
Cost assigned to unit transferred out
started & completed (77000*2.50)
Added costs: DM (0*1)
CC (13000*1.50)
Normal spoilage: DM (3,500*1)
CC
(3500*75%*1.50)
Beg. Costs: DM
CC
Total costs assigned to units transferred out

192,500
19,500
3,500
3,938
15,000
10,000
244,438

11. C
Abnormal Spoilage:
(5000*100%*1)
(5000*75%*1.50)
cost assigned to abnormal spoilage

5,000
5,625
10,625

12. C
Cost of IP, end
Material (14,500*1)
CC
(14500*70%*1.5)
Cost of IP, end
13. B
same solution as in no. 10
14. B

14,500
15,225
29,725

same solution as in no.11

15. C

CC
WIP, beg.
Started
Units to account for

2,000
8,000
10,000

Transferred out
Normal spoilage
WIP, end
Units accounted for

7,000
500
2,500
10,000

Cost per EUP:

(85500/9500)
CC (7000*9)
Normal Spoilage (500*9)
CC transferred to next department
16. A
17. D WIP, beg.
Started
Units Account to for
WIP,beg.
Transferred Out
WIP, end
Normal spoilage (86000*3%)
Abnormal spoilage(110000- 108580)
Units accounted for

Cost per eup

7,000
500
2,000
9,500

9
63,000
4,500
67,500
DM

CC

56,000
20,000
2,580
1,420
80,000

3,150
56,000
15,000
2,580
1,420
78, 150

160,000
80,000
2

120,000
78,000
1.5355

30,000
80,000
110,000
30,000
56,000
20,000
2,580
1,420
110,000

18. B
Cost associated with normal spoilage:
DM
(2,580*100%*2)
CC (2,580*100%*1.5355)
TOTAL
19. D

5,160
3,962
9,122

Cost associated With abnormal spoilage

DM (1420*100%*2)
CC (1420*100%*1.5355)
TOTAL

Test Material 3
1. a. Transferred out
WIP, end
Spoiled units
EUP for DM

50000
8000
2000
60000

b. Transferred out
WIP, end
Spoiled units
EUP for DM

50000
8000
3200
55200

2.

WIP beg.
Added Materials
Divided by:
Multiply by:
DM cost

3. Total Cost per EUP

12000
44000
56000
60000
8000
7440

2,840
2,180
5,020

4. a. Completed units
Ending inventory
Normal Spoilage
EUP for DM

152000
20000
14000
186000

b. Completed units
Ending inventory
Normal Spoilage
EUP for CC

152000
10000
8400
174000

5. a. Completed units
Multiply by
b. Normal Spoilage
Multiply by
c. Conversion cost
Multiply by

1.44

152000
6.9
1048800
4800
4.92
23616
2880
1.98
5702.4

*Cost of goods manufactured

Multiply by

52000

Cost of units transferred 74880

a. 1 048 800
b.
23 616
c.
5 702.4
1078 118.4
6. Completed units (20000*4.92)
End. Inventory (10000*1.98)
Cost of WIP
118200
7. Cost assigned to Ending Inventory:

= 29 725 / Not given

Transferred in

(16000* 9.75) =156000

8. Cost assigned to Units Transferred out:

= 263 750 / Not given

Cost Added:

9. Abnormal spoilage (5000*1)

WIP, ending
(3750*1.5)
EUP for DM and CC 10625

Direct Materials

10. Raw Materials

Conversion cost
Cost of production
Divided by

Total Cost to be accounted for 1 653760

840
315
1155
2100
.55
Multiply by
100
Cost of spoilage to FO 55

11. a. WIP beg

Completed
WIP end
EUP for DM
b. WIP beg
Completed
Spoilage
WIP end
EUP for CC

16000
68000
4000
88000
16000
68000
4000
8000
96000

12. Cost of WIP, beg:

Transferred in

(80000* 11.7) = 936000

Conversion Cost (82400*5.4) = 444960

13. Cost assigned to units completed and

transferred: 1 661 760
14. Cost of spoilage charged to Factory
Overhead: Not given
15. Finished and Transferred out 307 500
Normal Spoilage
2 500
IP, ending
45 000
Transferred in units
355000
16. Transferred in units
Multiply by PD cost
Transferred in costs

355000
12
4260000

17. Transferred in cost

Add: (351000*14.5)
Total cost charged to WIP

4260000
5089500
9349500

Conversion Cost (16000*60%*5)= 48000

(Test Material 4)- Fill in the blanks

Solutions:
1. Cost to account 14 700
Divided by
24 000
Cost per unit 0.6125
2. WP, end
6000
Multiply by:
0.6125
Bal. of WIP, end 3675
3. Transferred in (3200*8.39)

(88000*3.1) = 272800

WIP, beg.
EUP
Total cost

(20000*3.19)
(20000*1.20)
356280

4. Current cost
Beginning Inv.
Units S and C

8000
3000
5000

5. N/A
6. Work in process

7000

Direct Materials 16000

Conversion costs 25600
Cost of goodsT-O 48600

12. Units Completed

Multiply by:
Cost assigned to F&T

7. WIP beg.
15 000
Started and Completed 180000
WIP end
8000
EUP for CC
203000
8. CC units
Divided by EUP
Cost per EUP

1806700
203000
8.9

9. Incurred DM Costs
Incurred CC Costs
Cost of units F & T

21000
24320
45320

10. EUP for CC : 1 500

11. a. Units Completed
WIP, ending
EUP for DM

50000
10000
60000

b. Units Completed
WIP, ending
EUP for CC

50000
6000
56000

WIP beg
Completed
WIP end
EUP for DL

9600
72000
4000
85600

50 000
1.9
95000

13. Transferred units out: 9600

14. Cost incurred for DM:
( 40 000 / 24 000 = 1.67)
Cost incurred for CC:
( 39375 / 22500 = 1.75)
Cost per unit
3.42
15. Cost incurred for DM:
( 50 000 / 24 000 = 2.08)
Cost incurred for CC:
( 42875 / 22500 = 1.91)
Cost per unit
3.99
16. N/A
17. N/A
18. WIP beg
Completed
WIP end
EUP for DM

3200
72000
5600
80800

WIP beg
Completed
WIP end
EUP for DL

11200
72000
3200
86400

( Test Material 5 )- Fill in the blanks

Solutions:
1. WIP beg
Abnormal loss
Transferred in
WIP ending
EUP for CC

4000
1666.67
60000
6000
71666.67

2. WIP beg
Abnormal loss
Transferred in

4000
3333.33
60000

WIP ending
EUP for CC

6000
73333.33

3. WIP beg
4000
Abnormal loss 1000
Transferred in 60000
WIP ending
6000
EUP for CC
71000
4. A. Units Completed
WIP, ending

9000
1700

Abnormal Spoilage 1000

EUP for fruits
11700
B. Units Completed
9000
WIP, ending
0

Abnormal Spoilage 1000

EUP for CC
10000
5, 6, & 7. N/A