Question

Dakota Enterprises keeps its production facility busy making a molded plastic tent used to cover motorcycles....

Dakota Enterprises keeps its production facility busy making a molded plastic tent used to cover motorcycles. The tent goes through two departments - Assembly and Packaging. The incomplete Production Report for the current period is presented below. Complete the Production Report and then answer the questions that follow.

DAKOTA ENTERPRISES

PRODUCTION REPORT

FOR THE MONTH ENDED SEPTEMBER 30, 2011

Quantity Schedule and Equivalent Units

Quantity
Schedule

        
Units To Be Accounted For:

  

     
     Beginning Work in Process

6,000

     
     Started into Production

(A)   

     
          Total Units To Be Accounted For:

(B)   

     
  

  

Equivalent Units (EU)

Units Accounted For As Follows:

  

Materials

Conversion

     Transferred to Packaging

8,000

(D)  

(E)  

     Ending Work in Process

2,000

2,000

1,000

          Total Units Accounted For

(C)   

(F)   

(G)   

  

  

  

  

Cost Per Equivalent Unit

  

  

  

  

  

  

  

Cost To Be Accounted For:

Total

Materials

Conversion

     Beginning Work in Process

$ 63,000

$ 50,000

$ 13,000

     Cost Added During the Month

224,000

30,000

194,000

          Total Cost To Be Accounted For

      (H)  

     (I)   

     (J)  

Cost Per Equivalent Unit

      (K)  

     (L)   

     (M)  

  

  

  

  

Cost Reconciliation:

  

Equivalent Units (EU)

Cost Accounted For As Follows:

  

Materials

Conversion

     Transferred to Packaging

(N)  

(D)

(E)

     Ending Work in Process

  

  

  

          Materials

(O)  

2,000

  

          Conversion

   (P)

  

1,000

               Total Ending Work in Process

   (Q)

  

  

Total Cost Accounted For:

   (R)

  

  

  

  

  

  

Match the correct letter (numbers) to the correct spot on the chart

      -       A.       B.       C.       D.       E.       F.   

(B)

      -       A.       B.       C.       D.       E.       F.   

(E)

      -       A.       B.       C.       D.       E.       F.   

(G)

      -       A.       B.       C.       D.       E.       F.   

(J)

      -       A.       B.       C.       D.       E.       F.   

(0)

      -       A.       B.       C.       D.       E.       F.   

(Q)

A.

$207,000

B.

10,000

C.

$39,000

D.

8,000

E.

9,000

F.

$16,000

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