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# computing equivalent units for a second department

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Please see the attached file (P4) for the problem, for the solution, please use the attached Excel document (CH_4_26A).

P4-26A computing equivalent units for a second department with beginning inventory; preparing a production cost report and recording transactions on the basis of the report's information - weighed-average method.

Casey Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, Spoling, Tuffing, Latexing, and shearing. In the dyeing department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Casey uses weighted-average process costing. Information for March 2011 follows:

Units:
Beginning work in process inventory, 40% complete as to conversion work 75 rolls
Transferred-in from spinning department during March 560rolls
Completed during March 500 rolls
Ending work in process (80% complete as to conversion work) 135 rolls
Costs:
Beginning work in process (transferred-in cost, \$1,852
Material cost, \$3,075 conversion costs, \$2,212 \$7,139
Transferred-in from spinning department during March 12,880
Materials costs added during March 22,960
Conversion costs added during march (manufacturing wages,

Requirements:
1. Prepare a time line for Casey's Dyeing department.
2. Use the time line to help you compute the equivalent units, cost per equivalent unit, and total costs to account for in Casey's dyeing department for March using the weighted-average method.
3. Prepare the march production cost report for Casey's dyeing department
4. Journalize all transactions affecting Casey's dyeing department during March, including the entries that have already been posted.

#### Solution Summary

This solution provides a complete computation of the given accounting problems in Excel format.

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## E3-8 Polishing Department of Dimetry: Compute equivalent units of production

The Polishing Department of Dimetry Manufacturing Company has the following production and manufacturing cost data for October. Materials are entered at the beginning of the process.

Production: Beginning inventory 1,600 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 11,000; ending inventory of 2,000 units 10% complete as to conversion costs.

Manufacturing costs: Beginning inventory costs, comprised of \$20,000 of materials and \$43,180 of conversion costs; materials costs added in Polishing during the month, \$162,700; labor and overhead applied in Polishing during the month, \$100,080 and \$250,940, respectively.

Instructions:
(a) Compute the equivalent units of production for materials and conversion costs for the month of October.
(b) Compute the unit costs for materials and conversion costs for the month.
(c) Determine the costs to be assigned to the units transferred out and in process.

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