Problem A Problem Problem D A C D H Problem B The following information relates March 31: Aromatic Company for its line of perfume products for the month ended 2 3 Units in beginning inventory (units equal cases of product) 2,700 units 42 points 5 0 $40,500 $18.900 54,000 units Cost of units in beginning inventory: Materials Conversion Units placed in production Cost incurred during current period: Materials Conversion 10 11 12 13 $239,598 $215,310 Ta Units remaining in ending inventory (100% complete as to materials, 60% complete as to conversion) 3,000 units 10 17 1 20 Problems Fill in All Yellow Spaces!! Aromatic Company 24 Process Cost Summary 35 For Month Ended March 31 20 Costs Charged to Production Costs of beginning goods in process Direct Materials 40.500 oven) Conversion Costs (OL + OHO) 1.000 $ Costs incurred this period Direct Materials 249. Conversion Costa (DLOHO) 157810 454,908 Show you 14 Total costs to account for 514 308 Shadow 37 Part 1) Com Number of 25 FIVE WAY For Month Ended March 31 -29 30 30 9.400 watt Costs Charged to Production Costs of beginning goods in process Direct Manais Conversion Co (DLOHON Costs incurred this period Direct Materials Conversion Contes ( DOH) Total costs to account for 231598 454,000 34 38 40 16.000 entre 43 6.700 Part 1) Compute Number of units completed and transferred out REMEMBER Beginning Work In Process Unit Us Started Units Transferred Out + Ending Work in Procent Unite Unit Cost Information Units to account for Units accounted for Beginning goods in process 2,700 Completed and transferred out Unit started this period Ending good in proces Total units to account for 56.700 Total units accounted for Hemember these have to equat Part 2: Compute Equivalent Units of Production Equivalent Units of Production (EUP) OM Conversion Costs DL + OHD Unha comited and transformed out 100 Units of ending good in process Direct materials 1000 100% Convention Costs (OLOHD) GON Fouvent units of production LO Part Compute Cout per Equivalent units of Production Cost per Equiv Unit of Production OM Conversion Costs (OLOHO) Coats of beginning goods in process Costs incurred this period Total costs $1.000 30 videos of Pre Cooper Equv Unit of Production TH 30 50 62 67 Part & Compute Cost of units completed and transferred out and ending Inventory Cast Assignment and Reconciliation EUP CUP Cost transferred out (cost of goods manufactured ma 70 B e Insert Table Chart 125% Zoom Text Shape Media Comment Add Caen Problem Problema Problem 1 C H Toyotowane the down New Us Prod Cost per Equiv Unit of Production Shaded for you Part 4: Compute Cost of units completed and transferred out and ending inventory Cost Assignment and Reconciliation Cosi per up Costs transferred out (cost of goods manufactured Direct materials 2.000 Convention Costs (DLOHD) Costs of ending goods in process Direct materials Convenion Conts (OLEOHD) Total costs accounted for Shaded former for you Shader med try 0 1 2 Journal Entry: Enter journal entry to record moving goods from Work in Process to Finished Goods (also cost of Goods Manufactured Debi Credit Food for 30 03 This Excel Worksheet was created by Amy Bohrer, CPA and is licensed under a Creative Commons Attribution 4.0 Intomational License o 00 110 12 114 10 112 110 120