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hal as not been fruits ptions arches thor- tain wo ce Egret Company manufactures DVD players. The company uses a process cost system to
hal as not been fruits ptions arches thor- tain wo ce Egret Company manufactures DVD players. The company uses a process cost system to acco its manufacturing operations and has the attached information available for the month of July 20X3. Direct materials and conversion costs are added evenly throughout the manufacturing process. The beginning work in process inventory was 60% complete and the ending work in process inventory was 80% complete at month end. REQUIRED: (1) (2) Using the attached forms, prepare a cost of production report for Egret Company, assuming that the company uses a FIFO cost flow assumption. Round all costs per equivalent unit to five decimal places and all other dollar amounts to the nearest whole dollar. Using the attached forms, prepare a cost of production report for Egret Company, assuming that the company uses a average cost flow assumption. Round all costs per equivalent unit to five decimal places and all other dollar amounts to the nearest whole dollar. EGRET COMPANY PRODUCTION INFORMATION FOR MONTH OF JULY 20X3 Beginning Work in Process Inventory Units Started During Period Ending Work in Process Inventory Costs of Beginning Work in Process Inventory: Direct Materials Conversion Costs Current Period Costs Incurred: Direct Materials Conversion Costs Units Ster Units 4,000 30,000 6,000 $ Costs 80,000 72,000 660,000 840,000 ons add aand, all state ans or fruits. a lawful not been EGRET COMPANY SCHEDULE OF PHYSICAL AND EQUIVALENT UNITS Units To Account For: Beginning WIP Inventory Units Started During Period Total Units To Account For FIFO COST METHOD FOR MONTH OF JULY 20X3 Units Accounted For:le Units Completed During Period: From Beginning WIP Inventory Units Started and Completed During Period Total Units Completed During Period Units in Ending WIP Inventory Total Units Accounted For Physical Units Equivalent Units Direct Materials Conversion Costs EGRET COMPANY UNIT COST ANALYSIS SCHEDULE FIFO COST METHOD FOR MONTH OF JULY 20X3 Costs To Account For: Costs From Beginning WIP Inventory Current Period Costs Total Costs To Account For Divided By Equivalent Units Cost Per Equivalent Unit Direct Materials Conversion Costs Total Costs all state to a lawful ons or fruits has not been aptions rches hor tain dand Ad wo pe EGRET COMPANY COST SUMMARY SCHEDULE FIFO COST METHOD FOR MONTH OF JULY 20X3 Costs Accounted For: Costs From Beginning WIP Inventory To Complete Beginning WIP Inventory: Direct Materials Conversion Costs Units Started and Completed During Period: Direct Materials Conversion Costs Total Cost of Units Completed and Transferred to Finished Goods Ending Work in Process Inventory: Direct Materials. Conversion Costs Total Cost of Ending Work in Process Total Costs Accounted For Direct Materials Conversion Costs Total Costs Add and, ate ful EGRET COMPANY SCHEDULE OF PHYSICAL AND EQUIVALENT UNITS Units To Account For: Beginning WIP Inventory Units Started During Period Total Units To Account For AVERAGE COST METHOD FOR MONTH OF JULY 20X3 Units Accounted For: Units Completed During Period: From Beginning WIP Inventory Units Started and Completed During Period Total Units Completed During Period Units in Ending WIP Inventory Total Units Accounted For Physical Units Equivalent Units Direct Materials Conversion Costs EGRET COMPANY UNIT COST ANALYSIS SCHEDULE AVERAGE COST METHOD FOR MONTH OF JULY 20X3 Costs To Account For: Costs From Beginning WIP Inventory Current Period Costs Total Costs To Account For Divided By Equivalent Units Cost Per Equivalent Unit Direct Materials Conversion Costs Total Costs the other lation er example, al son incident to a arch for weapons or is limitation has not enized exceptions ce, more searches that the author. ctical to obtain mitted for two n of evidence officers may of the person. below. din U.S. v he or she 315, 531 otection red by ed the urt's EGRET COMPANY COST SUMMARY SCHEDULE AVERAGE COST METHOD FOR MONTH OF JULY 20X3 Costs Accounted For: Costs From Beginning WIP Inventory To Complete Beginning WIP Inventory. Direct Materials Conversion Costs Units Started and Completed During Period: Direct Materials Conversion Costs Total Cost of Units Completed and Transferred to Finished Goods Ending Work in Process Inventory: Direct Materials. Conversion Costs Total Cost of Ending Work in Process Total Costs Accounted For Direct Materials Conversion Costs Total Costs
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