Equivalent Units

Physical Units

Prior Department

Department T

Flow of units:

Units to be accounted for:

Beginning WIP inventory

                    8,600

Units started this period

                 19,700

Total units to account for

                 28,300

Units accounted for:

Completed and transferred out [28300 – 3600]

                 24,700

24,700

24,700

Units in ending inventory

                    3,600

Prior department

3,600

Department T

1,800

Total units accounted for

                 28,300

28,300

26,500

Total

Prior Department

Department T

Flow of costs:

Costs to be accounted for:

Costs in beginning WIP inventory

$              52,140.00

$              41,030.00

$             11,110.00

Current period costs

$            298,710.00

$            100,470.00

$           198,240.00

Total costs to be accounted for

$            350,850.00

$            141,500.00

$           209,350.00

Cost per equivalent unit

Prior department

$                         5.00

Department T

$                        7.90

Costs accounted for:

Costs assigned to units transferred out

$            318,630.00

$            123,500.00

$           195,130.00

Costs of ending WIP inventory

$              32,220.00

$              18,000.00

$             14,220.00

Total costs accounted for

$            350,850.00

$            141,500.00

$           209,350.00