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Bestseer Book's binding department had beginning inventory of 5,000 units and costs of $20,000 consisting of $10,000 of direct materials and $10,000 of conversion costs During the mooth, the department completed 88,000 units and had ending inventory of 15,000 units Ending inventory 20 complete w//DM and 65% complete wit conversion Cost Information for the binding department is below $ 20,000 Beginning inventory DM added during the period 5 172,000 Conversion added during the period S 283 250 475 250 Started Finished Ending Inventory TOTAL 1) Determine the physical flow Beginning inventory Beginning inventory Started Total Finished Ending inventory Total 2] Calculate EUP Percent com OM Conversion Completed Direct Materials Conversation EUP Calculation EUP 3) Calculate cost per EUP OM Conversion Beginning inventory DM added in the period Conversion added in the period Costs EUP Cost per CUP Total cost of one Compe 4) Assign and reconcile costs Cost transferred to Finished Goods Cat Total Reconcile to know Beginning inventory DM Conversion OM added during the period Conon added during the period TOTAL Total cost transferred to Finished Goods Costs remaining in Ending Inventory Corte OM Consi Total Cost remaining in Ending Inventory Total Costs Transferred to Finished Goods Ending Inventory

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