Scribd
Upload
16 views2 pages

Quick Furniture Production Cost Analysis

The document reports production costs for the Sanding Department of Quick Furniture Company. It provides equivalent unit calculations and costs for material, conversion, and total costs for units transferred out and work in process.

Uploaded by

mauricio ricardo
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
16 views2 pages

Quick Furniture Production Cost Analysis

The document reports production costs for the Sanding Department of Quick Furniture Company. It provides equivalent unit calculations and costs for material, conversion, and total costs for units transferred out and work in process.

Uploaded by

mauricio ricardo
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Students: Cristiana Rutia & Paola Kaliman

Sanding Department of Quick Furniture Company


Production Cost Report

Equivalent Units
Physical Conversion
Material
Units costs

conversion
physical material cost
quantities

transfer out 7000 7000 7000


work in process 3000 3000 600 (3000 x 20%)
total unit 10000 10000 7600

Convertion
Material cost total
total cost $33,000.00 $57,000.00 $90,000.00
equivalent unit 10000 7600
unit cost $3.30 $7.50 $10.80

Transferred out (7000 x $10.8) $75,600


material (3000 x $3.3) $9,900
conversion cost (600 x $7.5) $4,500 $14,400
total cost $90,000

You might also like