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Leonard Nimoy & Starfleet Associates Group manufactures components for alternative energy products (solar, wind, etc.) for multiple markets and makes many products and byproducts. The production cost report provided is for Department 1. The department does the initial component processing to allow it to be added to other circuitry boards and solar/wind electrical components. Once this step occurs, all production is transferred to the Department 2 for further development operations. ALL OF DEPARTMENT 2 OUTPUT IS SENT FOR FURTHER PROCESSING IN THE DEPARTMENT 3. Please note that all cost per unit values have been formatted to 3 decimals. The following information is available for the current month, reflecting work in the Department 2. Beginning Work in Process Units Costs of Beginning Work in Process: (31% complete conversion) 814 units Material Conversion $29,975 Ending Work in Process Units Additional Production Costs: 174% complete conversion) 456 units Material $85,261 Abnormal loss Conversion $61,174 Normal spoilage (continuous) Remaining unaccounted for units 13,206 units Transferred out units (30% = finished byproduct. 70% transferred to Department for further processing To create a new unit, 92% of materials are added at the start of production. The remaining 8% is added at the very end of processing, just prior either selling the finished product or moving to another Department for final processing. Adding the final 8% generates a computerized process in the company's ERP Production System to move the products to a finished and transferred out status. This accounting process is easily accomplished since the company implemented NetSuite as a "cloud" application. of the product transferred out, 30% of the units (generic product) and costs are sold immediately with a 60% cost markup to customers with long-term logistics contracts. These transactions are handled totally by their Customer Relationship Management (CRM) and Supply Chain Management (SCM) ERP modules. The remaining 70% of transferred out product is sent to Department 3 for final processing. The following information is available for the current month, reflecting work in the Departments Beginning Work in Process Units Costs of Beginning Work in Process Ending Work in Process Unite The following information is available for the current month, reflecting work in the Department Beginning Work in Process Units Costs of Beginning Work in Process Ending Work in Process Unha 2.32 2. and money to be good Evertory The following information is available for the current month. reflecting work in the Departments Beginning Work in Process Units Costs of Beginning Work in Process: Ending Work in Process Units 2 Complete departments 2,3,4,5 production cost reports for the month. Generate all journal entries necessary for the current month reflecting the activity for the company from the above Problem 5 - Production Cost Reports for Departments 2, 3, 4, and 5, in problem #5. Beginning WIP balances would have already been journalized. Show all transfer transactions. Complete the General Ledger T-account for WIP in each department. Department 1. Production Cost Report for April 2020 Physical Cuvent Units Equivalent Units Materials Conversion Department - April 1920 un Entries Quantes WIP Department 1 20.949 Raw Materials 26,773 Ditte beaccounted for egin wir arted into Production Total Units 240 12.15 WIP - Department 25.091 Payroll MO 14,527 12.900 51.900 WIP. Department 60.610 Unaccented for ansferred Out - Department 1 oma follaer normal Sol ding WP Total Units 12,900 29 12 W. Department 60619 BAEEE 12 147 13.059 12 118 13.030 Abnormal Los 56 11,125 WP. Department 1 56 Tot Coats in W oduction Costs Total Coats valent Unit Cost Material $5,824 $10,840 526,773 Conversion Costs SAAS $25.091 $15,260 $46,040 561,300 12.010 $2.550 $2.050 $4.700 WP. Department 15 20 20,949 25,091 Units Materials Conversion Costs Beginal DM CC Abnormal Transfer out Tod 526,447 $34.163 12.900 29 Reconciliation Schedule Accounted for dered Out-Department mal Sporlage forma Spole ding WP S60430 96 60.630 60.685 61,300 614 $25 $12 556 Ending Blade 147 $302 Report Balance 514 Reconciled $312 onversion Costs Total WC Total ed & Transferred Out P. Percent complete 1614 561,300 $26.773 $34,327 ON 100N ADN 14N A Department 2 Production Carter Apr 2020 Physical Equivalent Unite Un Materih Department April 2020 Journal Love Una Conversion Costa Unila to be accounted for 65,849 WP.Department WP.partment 65,849 12,00 12.900 WP. Department? BM WIP. Department Payro & MO Tweedin. Oppone 2 Tonals 1 Un und for 10 Trand Oue-Department 11 Nome out 11 Abro 11 Endy WIP 14 Tocals 15 Can 17 Begin WP 1 Trancenedin Department 1 Actional costs for production Total Costs V CHINH HA . Mater Conversion Cuba Abnormal SMART 534,100 S88.849 50 $26.44) Sales a un cost 50.000 Uw Conversion or Total AR Cost condition the Costs Accounted for Cest Normalton Abronions Enhed Goods WA 6149 10 Wed Tredou 35 WP.Per compte SOON SIN 100 NN Tree DU All TO Indy 65 . Reportance 41 4 Depar. April Quares Department to AM Equivalent EU Units Material Conversion WIP. Departe U bed for Begin WIP Torstered in Department Tocal Units WIP. Department WP.Department Raw Material WP. Department PAMO 31 Uued Teed Out Department 3 33 mm 54 Abrons 3 Ending WIP Torslin WIP-Depart4 WP. De WP.Department Matar Conversion Costs Total Aromat 8 Co 5 Dein WIP o TradinDepartment 2 Additional tots for production Total Louis Unit Cost so $0 so so 50 50.000 wip. Det Mark Conversion Costs tel Traders OM OC Aramal Tondeut Teed OutDet 50 50 so TO Abromato 71 din 13 Material + Convenion Com 74 TWIP Costa EM 50 Report 100 7 Pinhed & Trauered Out 7 WIP. Per complete 100 TN 70% TON 10 Normaltose ON HIN SIN 19 Dest-Trared out to Dept 15 Department - April 2000 BB Quantes Deparlor 2020 Physikal Evler Una Equivalent Conversion or 17 Ubbered for WIP. Der wo. Department so Transferred Department Total wp-Depen wM weeper 3 Transfered Out Dement | | | Aromate Ende Tout MO Murah Conversion Cos Abnormal Loss WIP.Dement DO Begin WIP LO2 Transfermedin-Department Los Anot for production 104 Total Costa 105 Equivalent Unit 105C U More Conversion Costa Total 10 Cost Recondition Schedule 100 Costs Amador Lo Trantered Out - Department Begel Traders + OM cc Al Tour 59 se Report Becorded 112 Abroad 111 Ending WIP 114 Mata 115 Conversion on Total Waste Total 113 Finished were 119 WIP-Percent complete 110 SON 819 124 Dancer for A2000 Phakal tuwih Myrtle Deoartners - April 2020 Journals Equivalent Conversion or WIP.Det 126 Unks to be around for Begin 120 Transfered in Department 130 WIP. Department WP. Departments Raw WIP. Departments PSMO Ubunted for a Trandov.Dupa Normalto 12 Abram 136 IN WIP 13 Total 11 Cort shed Goods WIP-Dipartiments Material Conversions Total WP. Departments 50 $0 50 14 Adwoduction Total Care 10 $0 WIB.Digarrants 50.000 Material Conversion Costa begin to Trener OM CE Aroma Trailer 14C Acurredor 143 TonevedoutDepartments Ending Reportance 151 Abril 12 Endre 150 Meter 1 Convention 159 Total WIP 114 157 Fited Traved 150 WP.Percent complete 1.10 SON 2 SON AIN 1 Quantities Department 1 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Started into Production Total Units 240 12.885 13.125 Units accounted for Transferred Out - Department ! Normal Spoilage Abnormal Spoilage Ending WIP Total Units 12.900 29 12 184 13,125 12.900 0 12 147.2 13.059.2 12.900 0 12 117.76 13,029.76 Total Costs Begin WIP Production Costs Total Costs Equivalent Units Unit Cost Materials S5.824 $20,949 $26,773 13,059.2 $2.050 Conversion Costs $9,436 $25,091 $34,527 13,029.76 $2.650 $15,260 $46,040 $61,3001 $4.700 Units Materials Conversion Costs Total $26,447 $34,183 $60,630 12,900 29 12 $25 S32 $56 Cost Reconciliation Schedule Costs Accounted For Transferred Out - Department 1 Normal Spoilage Abnormal Spoilage Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP - Percent complete S302 147.2 117.76 $312 S614 $61,300 $26,773 $34,527 100% 80% 100% 64% Department 1 - April 2020 Journal Entries WIP - Department 1 20,949 Raw Materials 26,773 WIP - Department 1 25,091 Payroll & MO 34,527 WIP - Department 2 60,629.775 WIP - Department 1 60,629.775 Abnormal Loss 56.4 WIP - Department 1 56.4 Begin Bal DM CC Abnormal Transfer out WIP - Department 1 15,260 20,9491 25,091 56.4 60,629.775 60,686.174 61,300 613.826 Ending Balance Report Balance 613.826 Reconciled Quantities Department 2 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in - Department Total Units 12,900 12.900 Units accounted for Transferred Out - Department 2 Normal Loss Abnormal Loss Ending WIP Total Units Materials Conversion Costs Total $26,447 $34,183 Costs Begin WIP Transferred In - Department 1 Additional costs for production Total Costs Equivalent Units Unit Cost SO $65.849 SO $65,849 $26,447 $34.183 50.000 Units Materials Conversion Costs Total 0 O 0 SO SO SO 0 0 Cost Reconciliation Schedule Costs Accounted For Transferred Out Dept2/Generic Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP. Percent complete Finished Goods Inventory% Finished Goods Markup % Department 3 Transfer% SO SO SO SO 100% 92% 100% 74% 30.00% 60.00% 70.00% Department 2 - April 2020 Journal Entries WIP - Department 2 65,848.922 WIP - Department 1 65.848.922 WIP - Department 2 Raw Materials WIP - Department 2 Payroll & MO FG - Generic Prod WIP - Department 3 WIP. Department 2 Abnormal Loss WIP - Department 2 AR Sales Cash AR Cost of goods sold Finished Goods WIP - Department 2 0 65,848.922 Begin Bal Transfer in DM CC Abnormal Transfer out 65.848.922 65,848.922 Ending Balance Report Balance 0 Error Quantities Department 3 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in - Department 2 Total Units 0 0 Units accounted for Transferred Out - Department 3 Normal Loss Abnormal Loss Ending WIP Total Units 0 Materials Conversion Costs Total Costs Begin WIP Transferred In - Department 2 Additional costs for production Total Costs Equivalent Units Unit Cost SO SO SO SO SO SO $0.000 Units Materials Conversion Costs Total 0 SO $0 SO 0 Cost Reconciliation Schedule Costs Accounted For Transferred Out - Department 3 Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP - Percent complete 0 0 SO SO SO SO 100% 90% 100% 74% 70% 70% Dept 2 - Transferred In Percent Normal Loss Dept 3 - Transferred out to Dept 4% Dept 3 - Transferred out to Dept 5% 70% 0.300% 81% 19% 81% 19% 81% 19% Department 3 - April 2020 Journal Entries WIP - Department 3 WIP - Department 2 WIP - Department 3 Raw Materials WIP - Department 3 Payroll & MO WIP - Department 4 WIP - Department 5 WIP - Department 3 Abnormal Loss WIP - Department 3 WIP - Department 3 Begin Bal Transfer in DM CC Abnormal Transfer out 0 0 Ending Balance 0 Report Balance 0 Reconciled Quantities Department 4 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in - Department 3 Total Units Units accounted for Transferred Out - Department 4 Normal Loss Abnormal Loss Ending WIP Total Units Materials Conversion Costs Total Costs Begin WIP Transferred In - Department 3 Additional costs for production Total Costs Equivalent Units Unit Cost SO SO SO SO SO SO 50.000 Units Materials Conversion Costs Total SO SO SO Cost Reconciliation Schedule Costs Accounted For Transferred Out - Department 4 Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP. Percent complete 0 SO SO so SO 100% 71% 100% 58% Department 3. Transferred In % 81% 81% 81% Department 4 - April 2020 Journal Entries WIP - Department 4 WIP - Department 3 WIP - Department 4 Raw Materials WIP - Department 4 Payroll & MO Finished Goods WIP - Department 4 Abnormal Loss WIP - Department 4 WIP - Department 4 Begin Bal Transfer in DM CC Abnormal Transfer out 0 0 0 Ending Balance Report Balance 0 Reconciled Quantities Department 5 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in. Department 3 Total Units 0 Units accounted for Transferred Out - Departments Normal Loss Abnormal Loss Ending WIP Total Units Materials Conversion Costs Costs Begin WIP Transferred In - Department Additional costs for production Total Costs Equivalent Units Unit Cost SO SO SO SO SO SO 50.000 Materials Conversion Costs Total SO SO SO 0 Cost Reconciliation Schedule Costs Accounted For Transferred Out Departments Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP - Percent complete 0 SO SO SO SO 100% 39% 100% 46% Department 3 - Transferred In% 19% 19% 19% Department 5. April 2020 Journal Entries WIP - Departments WIP - Department 3 WIP - Departments Raw Materials WIP - Department 5 Payroll & MO Finished Goods WIP - Department 5 Abnormal Loss WIP - Departments WIP - Department 5 0 Begin Bal Transfer in DM CC Abnormal Transfer out 0 0 0 Ending Balance Report Balance 0 Reconciled Leonard Nimoy & Starfleet Associates Group manufactures components for alternative energy products (solar, wind, etc.) for multiple markets and makes many products and byproducts. The production cost report provided is for Department 1. The department does the initial component processing to allow it to be added to other circuitry boards and solar/wind electrical components. Once this step occurs, all production is transferred to the Department 2 for further development operations. ALL OF DEPARTMENT 2 OUTPUT IS SENT FOR FURTHER PROCESSING IN THE DEPARTMENT 3. Please note that all cost per unit values have been formatted to 3 decimals. The following information is available for the current month, reflecting work in the Department 2. Beginning Work in Process Units Costs of Beginning Work in Process: (31% complete conversion) 814 units Material Conversion $29,975 Ending Work in Process Units Additional Production Costs: 174% complete conversion) 456 units Material $85,261 Abnormal loss Conversion $61,174 Normal spoilage (continuous) Remaining unaccounted for units 13,206 units Transferred out units (30% = finished byproduct. 70% transferred to Department for further processing To create a new unit, 92% of materials are added at the start of production. The remaining 8% is added at the very end of processing, just prior either selling the finished product or moving to another Department for final processing. Adding the final 8% generates a computerized process in the company's ERP Production System to move the products to a finished and transferred out status. This accounting process is easily accomplished since the company implemented NetSuite as a "cloud" application. of the product transferred out, 30% of the units (generic product) and costs are sold immediately with a 60% cost markup to customers with long-term logistics contracts. These transactions are handled totally by their Customer Relationship Management (CRM) and Supply Chain Management (SCM) ERP modules. The remaining 70% of transferred out product is sent to Department 3 for final processing. The following information is available for the current month, reflecting work in the Departments Beginning Work in Process Units Costs of Beginning Work in Process Ending Work in Process Unite The following information is available for the current month, reflecting work in the Department Beginning Work in Process Units Costs of Beginning Work in Process Ending Work in Process Unha 2.32 2. and money to be good Evertory The following information is available for the current month. reflecting work in the Departments Beginning Work in Process Units Costs of Beginning Work in Process: Ending Work in Process Units 2 Complete departments 2,3,4,5 production cost reports for the month. Generate all journal entries necessary for the current month reflecting the activity for the company from the above Problem 5 - Production Cost Reports for Departments 2, 3, 4, and 5, in problem #5. Beginning WIP balances would have already been journalized. Show all transfer transactions. Complete the General Ledger T-account for WIP in each department. Department 1. Production Cost Report for April 2020 Physical Cuvent Units Equivalent Units Materials Conversion Department - April 1920 un Entries Quantes WIP Department 1 20.949 Raw Materials 26,773 Ditte beaccounted for egin wir arted into Production Total Units 240 12.15 WIP - Department 25.091 Payroll MO 14,527 12.900 51.900 WIP. Department 60.610 Unaccented for ansferred Out - Department 1 oma follaer normal Sol ding WP Total Units 12,900 29 12 W. Department 60619 BAEEE 12 147 13.059 12 118 13.030 Abnormal Los 56 11,125 WP. Department 1 56 Tot Coats in W oduction Costs Total Coats valent Unit Cost Material $5,824 $10,840 526,773 Conversion Costs SAAS $25.091 $15,260 $46,040 561,300 12.010 $2.550 $2.050 $4.700 WP. Department 15 20 20,949 25,091 Units Materials Conversion Costs Beginal DM CC Abnormal Transfer out Tod 526,447 $34.163 12.900 29 Reconciliation Schedule Accounted for dered Out-Department mal Sporlage forma Spole ding WP S60430 96 60.630 60.685 61,300 614 $25 $12 556 Ending Blade 147 $302 Report Balance 514 Reconciled $312 onversion Costs Total WC Total ed & Transferred Out P. Percent complete 1614 561,300 $26.773 $34,327 ON 100N ADN 14N A Department 2 Production Carter Apr 2020 Physical Equivalent Unite Un Materih Department April 2020 Journal Love Una Conversion Costa Unila to be accounted for 65,849 WP.Department WP.partment 65,849 12,00 12.900 WP. Department? BM WIP. Department Payro & MO Tweedin. Oppone 2 Tonals 1 Un und for 10 Trand Oue-Department 11 Nome out 11 Abro 11 Endy WIP 14 Tocals 15 Can 17 Begin WP 1 Trancenedin Department 1 Actional costs for production Total Costs V CHINH HA . Mater Conversion Cuba Abnormal SMART 534,100 S88.849 50 $26.44) Sales a un cost 50.000 Uw Conversion or Total AR Cost condition the Costs Accounted for Cest Normalton Abronions Enhed Goods WA 6149 10 Wed Tredou 35 WP.Per compte SOON SIN 100 NN Tree DU All TO Indy 65 . Reportance 41 4 Depar. April Quares Department to AM Equivalent EU Units Material Conversion WIP. Departe U bed for Begin WIP Torstered in Department Tocal Units WIP. Department WP.Department Raw Material WP. Department PAMO 31 Uued Teed Out Department 3 33 mm 54 Abrons 3 Ending WIP Torslin WIP-Depart4 WP. De WP.Department Matar Conversion Costs Total Aromat 8 Co 5 Dein WIP o TradinDepartment 2 Additional tots for production Total Louis Unit Cost so $0 so so 50 50.000 wip. Det Mark Conversion Costs tel Traders OM OC Aramal Tondeut Teed OutDet 50 50 so TO Abromato 71 din 13 Material + Convenion Com 74 TWIP Costa EM 50 Report 100 7 Pinhed & Trauered Out 7 WIP. Per complete 100 TN 70% TON 10 Normaltose ON HIN SIN 19 Dest-Trared out to Dept 15 Department - April 2000 BB Quantes Deparlor 2020 Physikal Evler Una Equivalent Conversion or 17 Ubbered for WIP. Der wo. Department so Transferred Department Total wp-Depen wM weeper 3 Transfered Out Dement | | | Aromate Ende Tout MO Murah Conversion Cos Abnormal Loss WIP.Dement DO Begin WIP LO2 Transfermedin-Department Los Anot for production 104 Total Costa 105 Equivalent Unit 105C U More Conversion Costa Total 10 Cost Recondition Schedule 100 Costs Amador Lo Trantered Out - Department Begel Traders + OM cc Al Tour 59 se Report Becorded 112 Abroad 111 Ending WIP 114 Mata 115 Conversion on Total Waste Total 113 Finished were 119 WIP-Percent complete 110 SON 819 124 Dancer for A2000 Phakal tuwih Myrtle Deoartners - April 2020 Journals Equivalent Conversion or WIP.Det 126 Unks to be around for Begin 120 Transfered in Department 130 WIP. Department WP. Departments Raw WIP. Departments PSMO Ubunted for a Trandov.Dupa Normalto 12 Abram 136 IN WIP 13 Total 11 Cort shed Goods WIP-Dipartiments Material Conversions Total WP. Departments 50 $0 50 14 Adwoduction Total Care 10 $0 WIB.Digarrants 50.000 Material Conversion Costa begin to Trener OM CE Aroma Trailer 14C Acurredor 143 TonevedoutDepartments Ending Reportance 151 Abril 12 Endre 150 Meter 1 Convention 159 Total WIP 114 157 Fited Traved 150 WP.Percent complete 1.10 SON 2 SON AIN 1 Quantities Department 1 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Started into Production Total Units 240 12.885 13.125 Units accounted for Transferred Out - Department ! Normal Spoilage Abnormal Spoilage Ending WIP Total Units 12.900 29 12 184 13,125 12.900 0 12 147.2 13.059.2 12.900 0 12 117.76 13,029.76 Total Costs Begin WIP Production Costs Total Costs Equivalent Units Unit Cost Materials S5.824 $20,949 $26,773 13,059.2 $2.050 Conversion Costs $9,436 $25,091 $34,527 13,029.76 $2.650 $15,260 $46,040 $61,3001 $4.700 Units Materials Conversion Costs Total $26,447 $34,183 $60,630 12,900 29 12 $25 S32 $56 Cost Reconciliation Schedule Costs Accounted For Transferred Out - Department 1 Normal Spoilage Abnormal Spoilage Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP - Percent complete S302 147.2 117.76 $312 S614 $61,300 $26,773 $34,527 100% 80% 100% 64% Department 1 - April 2020 Journal Entries WIP - Department 1 20,949 Raw Materials 26,773 WIP - Department 1 25,091 Payroll & MO 34,527 WIP - Department 2 60,629.775 WIP - Department 1 60,629.775 Abnormal Loss 56.4 WIP - Department 1 56.4 Begin Bal DM CC Abnormal Transfer out WIP - Department 1 15,260 20,9491 25,091 56.4 60,629.775 60,686.174 61,300 613.826 Ending Balance Report Balance 613.826 Reconciled Quantities Department 2 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in - Department Total Units 12,900 12.900 Units accounted for Transferred Out - Department 2 Normal Loss Abnormal Loss Ending WIP Total Units Materials Conversion Costs Total $26,447 $34,183 Costs Begin WIP Transferred In - Department 1 Additional costs for production Total Costs Equivalent Units Unit Cost SO $65.849 SO $65,849 $26,447 $34.183 50.000 Units Materials Conversion Costs Total 0 O 0 SO SO SO 0 0 Cost Reconciliation Schedule Costs Accounted For Transferred Out Dept2/Generic Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP. Percent complete Finished Goods Inventory% Finished Goods Markup % Department 3 Transfer% SO SO SO SO 100% 92% 100% 74% 30.00% 60.00% 70.00% Department 2 - April 2020 Journal Entries WIP - Department 2 65,848.922 WIP - Department 1 65.848.922 WIP - Department 2 Raw Materials WIP - Department 2 Payroll & MO FG - Generic Prod WIP - Department 3 WIP. Department 2 Abnormal Loss WIP - Department 2 AR Sales Cash AR Cost of goods sold Finished Goods WIP - Department 2 0 65,848.922 Begin Bal Transfer in DM CC Abnormal Transfer out 65.848.922 65,848.922 Ending Balance Report Balance 0 Error Quantities Department 3 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in - Department 2 Total Units 0 0 Units accounted for Transferred Out - Department 3 Normal Loss Abnormal Loss Ending WIP Total Units 0 Materials Conversion Costs Total Costs Begin WIP Transferred In - Department 2 Additional costs for production Total Costs Equivalent Units Unit Cost SO SO SO SO SO SO $0.000 Units Materials Conversion Costs Total 0 SO $0 SO 0 Cost Reconciliation Schedule Costs Accounted For Transferred Out - Department 3 Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP - Percent complete 0 0 SO SO SO SO 100% 90% 100% 74% 70% 70% Dept 2 - Transferred In Percent Normal Loss Dept 3 - Transferred out to Dept 4% Dept 3 - Transferred out to Dept 5% 70% 0.300% 81% 19% 81% 19% 81% 19% Department 3 - April 2020 Journal Entries WIP - Department 3 WIP - Department 2 WIP - Department 3 Raw Materials WIP - Department 3 Payroll & MO WIP - Department 4 WIP - Department 5 WIP - Department 3 Abnormal Loss WIP - Department 3 WIP - Department 3 Begin Bal Transfer in DM CC Abnormal Transfer out 0 0 Ending Balance 0 Report Balance 0 Reconciled Quantities Department 4 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in - Department 3 Total Units Units accounted for Transferred Out - Department 4 Normal Loss Abnormal Loss Ending WIP Total Units Materials Conversion Costs Total Costs Begin WIP Transferred In - Department 3 Additional costs for production Total Costs Equivalent Units Unit Cost SO SO SO SO SO SO 50.000 Units Materials Conversion Costs Total SO SO SO Cost Reconciliation Schedule Costs Accounted For Transferred Out - Department 4 Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP. Percent complete 0 SO SO so SO 100% 71% 100% 58% Department 3. Transferred In % 81% 81% 81% Department 4 - April 2020 Journal Entries WIP - Department 4 WIP - Department 3 WIP - Department 4 Raw Materials WIP - Department 4 Payroll & MO Finished Goods WIP - Department 4 Abnormal Loss WIP - Department 4 WIP - Department 4 Begin Bal Transfer in DM CC Abnormal Transfer out 0 0 0 Ending Balance Report Balance 0 Reconciled Quantities Department 5 - Production Cost Report for April 2020 Physical Equivalent Units Equivalent Units Units Materials Conversion Costs Units to be accounted for Begin WIP Transferred in. Department 3 Total Units 0 Units accounted for Transferred Out - Departments Normal Loss Abnormal Loss Ending WIP Total Units Materials Conversion Costs Costs Begin WIP Transferred In - Department Additional costs for production Total Costs Equivalent Units Unit Cost SO SO SO SO SO SO 50.000 Materials Conversion Costs Total SO SO SO 0 Cost Reconciliation Schedule Costs Accounted For Transferred Out Departments Normal Loss Abnormal Loss Ending WIP Materials Conversion Costs Total WIP Costs Total Finished & Transferred Out WIP - Percent complete 0 SO SO SO SO 100% 39% 100% 46% Department 3 - Transferred In% 19% 19% 19% Department 5. April 2020 Journal Entries WIP - Departments WIP - Department 3 WIP - Departments Raw Materials WIP - Department 5 Payroll & MO Finished Goods WIP - Department 5 Abnormal Loss WIP - Departments WIP - Department 5 0 Begin Bal Transfer in DM CC Abnormal Transfer out 0 0 0 Ending Balance Report Balance 0 Reconciled

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