chapter 17

Started - ? = S&C

• Ending

• Completed and transferred out

• Total units

• Conversion Costs

Completed and transferred out - Beginning = ?

• Beginning

• Started and Completed

• Total Units

• Materials

How do you get DM cost per unit?

• Total DM units / Total units

• Ending WIP Units / Total cost of units

• Started Units / Total cost of DL

• Total DM cost / Total units

How do you get conversion cost per unit?

• (DM costs + FOH costs) / Total Unit's

• DL / Total Units

• FOH / Total Units

• (DL costs + FOH costs) / Total Unit's

On October 1, there were 750 pounds of alloy in process which were 40% complete as to conversion. How do we get beginning conversion units?

• 750 / .4

• 750 / .60

The October 31 inventory in process was 20% complete as to conversion. How do we calculate ending units

• Ending Inventory / .20

• Ending Inventory / .80