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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
On April 30, 2013, Leander Co. had 21,600
units in process that were 85 percent complete as to material, 60 percent complete as
to direct labor, and 45 percent complete as to overhead. During May, 561,000 units
were started. The 13,700 units in ending inventory were 75 percent complete as to material,
25 percent complete as to direct labor, and 10 percent complete as to overhead.
a. Calculate the physical units to account for in May.
b. How many units were started and completed during May?
c. Determine May's EUP for each category using the weighted average method.
d. Determine May's EUP for each category using the FIFO method.
e. Reconcile your answers to parts (c) and (d).
| a. | 582600 | Â | Â | Â |
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| b. | 568900 | Â | Â | Â |
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| c. | DM | Â | ||
| Â | DL | Â | ||
| Â | OH | Â | ||
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| d. | DM | Â | ||
| Â | DL | Â | ||
| Â | OH | Â | ||
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| Â | Â | Â | Â | Â |
| e. | WA | FIFO | Difference | Â |
Â
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