Weighted Average Method

Molding Department
Unit DM CC TC
No. 1: Physical Flow Schedule
WIP Begining 10.000
Started during period 25.000
To account for 35.000

Completed & transferred out 30.000 30.000 30.000

WIP Ending 5.000 5.000 4.000
Accounted For 35.000
No. 2: Equivalent Unit Calculation
Equivalent Unit 35.000 34.000
No.3: Calculation of Unit Cost
WIP Begining 22.000 13.800 35.800
Cost added in Current Period 56.250 103.500 159.750
TC to Account for 78.250 117.300 195.550 No. 5:
Equivalent Unit 35.000 34.000 69.000 A Cost
Cost/Equivalent Unit 2,2357 3,4500 5,6857 Reconci-
No. 4: Cost of WIP Ending and Transferred Out liation
Completed & Transferred Out 67.071 103.500 170.571
WIP Ending 11.179 13.800 24.979
TC Assignment 78.250 117.300 195.550
 Assembly Department
Unit TIM DM CC TC
No. 1: Physical Flow Schedule
WIP Begining 8.000
Started during period 30.000
To account for 38.000

Completed & transferred out 35.000 35.000 35.000 35.000

WIP Ending 3.000 - - 1.500
Accounted For 38.000
No. 2: Equivalent Unit Calculation
Equivalent Unit 35.000 35.000 36.500
No.3: Calculation of Unit Cost
WIP Begining 45.200 - 16.800 62.000
Cost added in Current Period 170.571 39.550 136.500 346.621
TC to Account for 215.771 39.550 153.300 408.621 No. 5:
Equivalent Unit 35.000 35.000 36.500 106.500 A Cost
Cost/Equivalent Unit 6,1649 1,1300 4,2000 11,4949 Reconci-
No. 4: Cost of WIP Ending and Transferred Out liation
Completed & Transferred Out 215.771 39.550 147.000 402.321
WIP Ending - - 6.300 6.300
TC Assignment 215.771 39.550 153.300 408.621
 FIFO Method
Molding Department
Unit DM CC TC
No. 1: Physical Flow Schedule
WIP Begining 10.000
Started during period 25.000
To account for 35.000

Completed & transferred out 30.000

WIP Begining 10.000 - 2.000
Started during period 20.000 20.000 20.000
WIP Ending 5.000 5.000 4.000
Accounted For 35.000
No. 2: Equivalent Unit Calculation
Equivalent Unit 25.000 26.000
No.3: Calculation of Unit Cost
WIP Begining 22.000 13.800 35.800
Cost added in Current Period 56.250 103.500 159.750
TC to Account for 78.250 117.300 195.550 No. 5:
Equivalent Unit 25.000 26.000 51.000 A Cost
Cost/Equivalent Unit 2,2500 3,9808 6,2308 Reconci-
No. 4: Cost of WIP Ending and Transferred Out liation
WIP Begining 22.000 13.800 35.800
Current Period
WIP Begining - 7.962 7.962
Started during period 45.000 79.615 124.615
Completed & Transferred Out 168.377
WIP Ending 11.250 15.923 27.173
TC Assignment 78.250 117.300 195.550
 Assembly Department
Unit TIM DM CC TC
No. 1: Physical Flow Schedule
WIP Begining 8.000
Started during period 30.000
To account for 38.000

Completed & transferred out 35.000

WIP Begining 8.000 8.000 8.000 4.000
Started during period 27.000 27.000 27.000 27.000
WIP Ending 3.000 - - 1.500
Accounted For 38.000
No. 2: Equivalent Unit Calculation
Equivalent Unit 35.000 35.000 32.500
No.3: Calculation of Unit Cost
WIP Begining 45.200 - 16.800 62.000
Cost added in Current Period 168.377 39.550 136.500 344.427
TC to Account for 213.577 39.550 153.300 406.427 No. 5:
Equivalent Unit 35.000 35.000 32.500 102.500 A Cost
Cost/Equivalent Unit 4,81 1,13 4,2 10,14 Reconci-
No. 4: Cost of WIP Ending and Transferred Out liation
WIP Begining 45.200 - 16.800 62.000
Current Period
WIP Begining 38.486 9.040 16.800 64.326
Started during period 129.891 30.510 113.400 273.801
Completed & Transferred Out 400.127
WIP Ending - - 6.300 6.300
TC Assignment 213.577 39.550 153.300 406.427