Crosby Company has several processing departments. Cost charged to the Assembly Department for October 2008 totaled $1,354,400 as follows.
Work in process, October 1
Materials $29,000
Conversion Costs 26,200 $55,200

Materials added 1,071,000
Labor 90,000
Overhead 138,200

Production records show that $25,000 units were in beginning work in process 40% complete as to conversion cost, 415,000 units were started into production, and 40,000 units were in ending work in process 60% complete as to conversion costs. Materials are entered at the beginning of each process.

Instructions:
a. determine the equivalent units of production and units production costs for the Assembly department.
b. determine the assignment of cost to goods transferred out and in process.
c. prepare a production cost report for the assembly department.

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Kiley Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Production and cost data for the month of May are as follows.

Production data- Bicycles Units Percent Complete
Work in process units, May 1 500 80%
Units started in production 1000
Work in process units. May 31 600 10%

Cost Data- Bicycles
Work in process, May 1
Material $10,000
Conversion costs 9,280 19,280
Direct materials 50,000
Direct Labor 18,320
Manufacturing overhead 30,000

Instructions
a.Calculate the following
1. the equivalent units of production for materials and conversion costs.
2. the units costs of production for materials and conversion costs.
3. the assignment of costs to units transferred out and in process at the end of the accounting period.
b. Prepare a production cost report for the month of May for the bicycles.

You might want to do your own homework, no one here will do it for you.

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Originally Posted by Curlyben

Thank you for taking the time to copy your homework to AMHD.
Please refer to this announcement: Ask Me Help Desk - Announcements in Forum : Homework Help

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I tried it and couldn't complete it, that's why I took the time to do that

Quote:

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Originally Posted by NeedKarma

You might want to do your own homework, no one here will do it for you.

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Wow, thanks for the help, your really helpful. I didn't no that.

Quote:

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Originally Posted by NeedKarma

You might want to do your own homework, no one here will do it for you.

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You're a joke

Wow, thanks for the help, you're really helpful. I didn't know that.

Kfjutch, did you read the link curlyben gave you? It explains that we are not here to DO your homework FOR YOU. Show what you tried to do, and someone can let you know if it's correct and maybe give a hint to the next step.

That is a long problem, taking up at least a half chapter in most books. You are going to have to do this one step at a time. You need to show what you have or have not done. Or ask a question about what specific thing you do not understand. Even then, it's a long problem with a lot of steps.

Posting the problem a second time didn't accomplish anything, especially when someone had already posted a link to our homework guidelines. That may have been what prompted NeedKarma's response to you.