BUS 202 Lecture Notes - Lecture 7: Deutsche Luft Hansa, Income Statement
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Dl ( / 9) * . 5 = . 00. How much moh was applied during the year: Over applied by (,000 - ,000 = ,000. 00 ) Units transferred + equivalent units in end wip. Ex: (cost added + cost beginning wip) / (eq units of productions) Cost per eq unit ((,500 + $ 54,000) / 185,000) = Covers -> painting -> sewing and finishing -> done. Eq units of production 4,500 + (40% * 1000) = 4900 4,500 + (70% * 1000) = 5200. Cost of units transferred: (4,500 * (1. 80 + 7. 50)) = 41,850. Units started (4500 +1000 - 1,200 ) = 4300. Beg + stated - transferred = end 1200. Units completed during the month (3130 + 720) / (1,200 + 2000. We sell the computer covers for . 00 each. Cost per equivalent unit for painting = . 00. Cost per equivalent unit for painting = . 75.
