Production Data Physical units Prior Material Prior Conversion Current Material Current Conversion

BI Units 8 90% 40% ? ?

Units Started 50

Units completed & To 46 100% 100%

EI Units 12 60% 30%

Costs data: Materials Conversion

Prior period costs (BI) $4,933,600 $910,400

Current Costs (added) $32,200,000 $13,920,000

Find the Equivalent Units, costs per Equivalent units, and Cost Reconciliation

Cost Reconciliation
			Equivalent Units
	Total Cost		Materials		Conversion
Cost accounted for as follows:
Transferred to Finished Goods:
From the beginning inventory:
Cost in the beginning inventory
Cost to complete these units
Materials
Conversion
Total cost from beginning inventory
Units started and completed this month
Total cost transferred
Work in process, Dec. 31:
Materials
Conversion
Total work in process
Total cost accounted for