P7-6

Hadenville Tool Campany

Fabricating Department
Cost of Production Report
for April

Units in Beginning Inventory

Units started in process
Units transferred to next department
Units in Ending Inventory
Units spoiled
Equivalent Unit to be completed
Equivalent Unit transferred
Equivalent Unit in Ending Inventory
Equivalent Unit Spoiled
Total Equivalent Unit
Beginning Inventory:
M
L
FOH

Cost Added during process:

M
L
FOH

Cost Accounted for:

Cost in beginning inventory
Cost to complete beginning inventory:
M
L
FOH
Total Cost to Complete Beginning Inv.

Materials
100%

Labor
70%

100%
100%
100%
7,000
1,500
500
9,000

100%
40%
60%
600
7,000
600
300
8,500

1,900
340
1,020
3,260
E.U
9,180
2,125
6,375
17,680

Unit Cost
9,000
1.02
8,500
0.25
8,500
0.75
2

600
600

1.02
0.25
0.75

1,500
600
600

1.02
0.25
0.75

Cost of Units Transferred

Total Cost Unit Transferred
Cost of Units in Ending Inventory:
M
L
FOH
Cost of Units Spoiled:

M
L
FOH
TOTAL COST

500
300
300

1.02
0.25
0.75

FOH
70%

100%
40%
60%
600
7,000
600
300
8,500

Quantity
2,000
9,000
11,000
9,000
1,500
500

3,260
150
450

600
3,860
14,140
18,000

1,530
150
450

2,130

510
75
225

810
38,940

Materials
Labour
100%
40%
100%
100%

Units in beginning inventory

Units transferred from Prev. Dept.
Units transferred to FG Inventory
Units in Ending Inventory
Units spoiled
E.U in beginning inventory
E.U in unit tranferred to FG Inventory
E.U in Ending Inventory
E.U spoiled
Total E.U
Cost in beginning inventory:
Cost from preceeding dept.
M
L
FOH

Cost added during the process:

Cost from preceeding dept.
M
L
FOH

100%
100%
6,900
2,000
100
9,000

60%
100%
1800
6,900
1,200
100
10,000

6,100
3,500
520
780
10,900
E.U.
18,000
10,800
4,000
6,000

9,000
9,000
10,000
10,000

Unit Cost
2.0
1.2
0.4
0.6

FOH
40%
100%

60%
100%
1800
6,900
1,200
100
10,000

Quantity
3,000
9,000
12,000
9,900
2,000
100