akmen

Problem 6-57

1.      Prepare a production report for the mixing department using the weighted average method!

Benson Pharmaceuticals

Mixing Department

Production Report

(Weighted Average Method)

UNIT INFORMATION

(capsules)

Units to account for:      Units in beginning work in process        15,000      Unit started during the period              225,000           Total units to account for                 240,000	Unit accounted for:       Units completed                             210,000       Units in ending work in process      30,000            Total units accounted for         240,000 Equivelent Units
Unit Completed     Unit in ending work in process          Total equivalent units	Materials   210,000     30,000   240,000	Conversion 210,000   15,000 225,000

COST INFORMATION

Cost to account for:      Beginning work in process             Incurred during the period           Total cost to account for Cost per equivalent unit

Materials $        252           3,636 3,888 0.0162

Labor $        282           4,618 4,900 0.0218

Overhead $      564         9,236 9,800 0.0436

Total $    1,098       17,490 18,588 0.0925

Cost accounted for:     Goods transferred out ($0.0925 x 210,000)     Goods in ending work in process:         Materials ($0.0162 x 15,000)         Labor ($0.0218 x 15,000)         Overhead ($0.0436 x 15,000)             Total cost accounted for

Transferred out $   19,425 __________         $   19,425

Ending Work in Process $    243 327            654__ $   1,124

Total $   19,424          243         327               654       $ 20, 548

2.      Prepare a production report for the encapsulating department using weigted average method!

Benson Pharmaceuticals

Encapsulating Department

Production Report

(Weighted Average Method)

UNIT INFORMATION

(capsules)

Units to account for:      Units in beginning work in process          4,000      Unit started during the period              210,000           Total units to account for                 214,000	Unit accounted for:       Units completed                             208,000       Units in ending work in process        6,000            Total units accounted for         214,000 Equivelent Units
Unit Completed     Unit in ending work in process          Total equivalent units	Materials   208,000       6,000   214,000	Conversion 208,000     2,400 210,000

COST INFORMATION

Cost to account for:      Beginning work in process             Incurred during the period           Total cost to account for Cost per equivalent unit

Materials $       32           1,573 1,605 0.0075

Labor $        20           1,944 1,964 0.0094

Overhead $      40         3,888 3,928 0.0187

Total $        92         7,405 7,497 0.0400

Cost accounted for:     Goods transferred out ($0.0400 x 208,000)     Goods in ending work in process:         Materials ($0.0075 x 2,400)         Labor ($0.0094 x 2,400)         Overhead ($0.0187 x 2,400)             Total cost accounted for

Transferred out $   8,320 __________         $   8,320

Ending Work in Process $    18 22              45 $    85

Total $   8,320          18          22                 45       $   8,405

Matode rata-rata tertimbang dan metode FIFO menghasilkan biaya total yang sama dicatat. Perbedaan utama antara kedua metode adalah penanganan awal sebagian menyelesaikan unit persediaan barang dalam proses awal. FIFO memisahkan unit dalam persediaan awal dari unit dimulai dan diselesaikan selama periode. Sebaliknya, metode rata-rata tertimbang membuat ada perlakuan terpisah dari unit persediaan barang dalam proses awal. Dengan demikian, ada perbedaan antara harga pokok selesai metode rata-rata tertimbang dan FIFO. Demikian pula, ada perbedaan antara persediaan barang dalam proses awal di antara kedua metode. Metode rata-rata umumnya lebih mudah untuk digunakan karena perhitungannya lebih mudah. Metode ini paling sesuai jika hanya bahan baku, biaya konversi dan tingkat persediaan stabil. Metode FIFO paling sesuai digunakan apabila tingkat harga bahan baku, biaya konversi atau tingkat persediaan berfluktuasi. Metode FIFO lebih disukai untuk kepentingan pengendalian, karena biaya per unit untuk setiap periode independen terhadap periode sebelumnya.