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ACC 543 Week 6 Individual Textbook Exercise (29.1, 29.2, 29.4,
30.4,31.1, 31.3, 31.6, 33.3, 33.5, 33.6, 51.1, 51.2, 51.3, 51.4, 51.5 51.6)
ACC 543 Week 6 Team Assignment Flexible Budgets
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ACC 543 Exercise 18-17B: Process Cost System Cost of
Production Report
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Exercise 18-17B: Process Cost System Cost of Production Report
At the beginning of 2004, Dozier Company had 1,800 units of
product in its work in process inventory, and it started 19,200
additional units of product during the year. At the end of the year,
6,000 units of product were in the work in process inventory. The
ending work in process inventory was estimated to be 50 percent
complete. The cost of work in process inventory at the beginning
of the period was $9,000, and $108,000 of product costs was added
during the period. Required Prepare a cost of production report
showing the following. a. The number of equivalent units of
production. b. The product cost per equivalent unit. c. The total
cost allocated between the ending Work in Process Inventory and
Finished Goods Inventory accounts.
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