Answer:
We stablish that both the cost assigned and the cost accounted for the department matches at $1,327,735.00
Explanation:
Physical Unit Information
Units charged to production:
Beginning 83,000
Started 480,000
Total units accounted for by the Department 563000
Units to be assigned costs: Equivalent Units
Physical Units DM Conversion
Beginning 83,000 0 27,000
Started and completed 437,000 437,000 437,000
Transferred 520,000 437,000 464,000
Ending 43,000 32,250 10,750
Total units to be assigned costs 563,000 469250 474750
Costs per equivalent unit:
Direct Materials Conversion
Total cost $795,240 $350,295
Total equivalent units 469,250 474,750
Cost per equivalent unit $1.69 $0.74
Costs charged to production:
Direct Materials Conversion Total
Beginning $128,300.00 $53,900.00 $182,200.00
Costs incurred $795,240.00 $350,295.00 $1,145,535.00
Total costs accounted for by the Department $1,327,735.00
Cost allocated to completed and partially completed units:
Beginning $128,300.00 $53,900.00 $182,200.00
To complete beginning $- $19,921.99 $19,921.99
Cost of completed WIP $202,121.99
Started and completed $740,585.79 $322,441.11 $1,063,026.89
Transferred $1,265,148.88
Ending $54,654.21 $7,931.90 $62,586.12
Total costs assigned by the Department $1,327,735.00
