【正文】 i t s a c c o u n t e d f o r 5 0 , 0 0 0 Production Report Example McGrawHill/Irwin 433 C o n v e r s i o n E q u i v a l e n t U n i t sP h y s i c a l P e r c e n t a g e D i r e c tU n i t s C o m p l e t e M a t e r i a l C o n v e r s i o nW o r k i n p r o c e s s , M a r c h 1 2 0 , 0 0 0 10%U n i t s s t a r t e d d u r i n g M a r c h 3 0 , 0 0 0 T o t a l u n i t s t o a c c o u n t f o r 5 0 , 0 0 0 U n i t s c o m p l e t e d a n d t r a n s f e r r e d 4 0 , 0 0 0 100% 4 0 , 0 0 0 4 0 , 0 0 0 W o r k i n p r o c e s s , M a r c h 3 1 1 0 , 0 0 0 50% 1 0 , 0 0 0 5 , 0 0 0 T o t a l u n i t s a c c o u n t e d f o r 5 0 , 0 0 0 T o t a l e q u i v a l e n t u n i t s 5 0 , 0 0 0 4 5 , 0 0 0 Production Report Example ? Calculation of Equivalent Units 50% of 10,000 units Beginning inventory % is not used in weightedaverage method. McGrawHill/Irwin 434 C o n v e r s i o n E q u i v a l e n t U n i t sP h y s i c a l P e r c e n t a g e D i r e c tU n i t s C o m p l e t e M a t e r i a l C o n v e r s i o nW o r k i n p r o c e s s , M a r c h 1 2 0 , 0 0 0 10%U n i t s s t a r t e d d u r i n g M a r c h 3 0 , 0 0 0 T o t a l u n i t s t o a c c o u n t f o r 5 0 , 0 0 0 U n i t s c o m p l e t e d a n d t r a n s f e r r e d 4 0 , 0 0 0 100% 4 0 , 0 0 0 4 0 , 0 0 0 W o r k i n p r o c e s s , M a r c h 3 1 1 0 , 0 0 0 50% 1 0 , 0 0 0 5 , 0 0 0 T o t a l u n i t s a c c o u n t e d f o r 5 0 , 0 0 0 T o t a l e q u i v a l e n t u n i t s 5 0 , 0 0 0 4 5 , 0 0 0 Production Report Example ? Calculation of Equivalent Units 100% of 10,000 units, all material added at beginning McGrawHill/Irwin 435 D i r e c tM a t e r i a l C o n v e r s i o n T o t a lW o r k i n P r o c e s s , M a r c h 1 5 0 , 0 0 0$ 7 , 2 0 0$ 5 7 , 2 0 0$ C o s t s i n c u r r e d d u r i n g M a r c h 9 0 , 0 0 0 1 9 3 , 5 0 0 2 8 3 , 5 0 0 T o t a l c o s t s t o a c c o u n t f o r 1 4 0 , 0 0 0$ 2 0 0 , 7 0 0$ 3 4 0 , 7 0 0$ E q u i v a l e n t u n i t s 5 0 , 0 0 0 4 5 , 0 0 0 C o s t p e r e q u i v a l e n t u n i t 2 . 8 0$ 4 . 4 6$ 7 . 2 6$ ? Computation of unit costs Production Report Example $140,000 247。McGrawHill/Irwin 41 Process Costing and Hybrid Product Costing Systems Chapter Four McGrawHill/Irwin 42 Comparison of JobOrder Costing and Process Costing Process Costing Process Costing Joborder Costing ? Used for production of small, identical, low cost items. ? Mass produced in automated continuous production process. ? Costs cannot be directly traced to each unit of product. McGrawHill/Irwin 43 Process Costing Process Costing Joborder Costing Typical process cost applications: ? Petrochemical refinery ? Paint manufacturer ? Paper mill Comparison of JobOrder Costing and Process Costing McGrawHill/Irwin 44 Joborder costing ? Costs accumulated by the job. ? Work in process has a jobcost sheet for each job. ? Many unique, high