Exercise 6-38 Name:
Insert your answers in the gray-shaded cells. If an answer is incorrect,
an asterisk will appear.
a. Fabrication:
Beginning WIP inventory 5,000 Beginning WIP inventory 5,000
Started 40,000 Started & completed 33,200
Units accounted for 45,000 Ending WIP inventory 6,800
Units accounted for 45,000
Units Material Conversion
Beginning WIP inventory 5,000 5,000 5,000
Started & completed 33,200 33,200 33,200
Ending WIP inventory 6,800 6,800 4,080
EUP (WA) 45,000 45,000 42,280
Assembly:
Beginning WIP inventory 2,000 Beginning WIP inventory 2,000
Started 38,200 Started & completed 32,100
Units accounted for 40,200 Ending WIP inventory 6,100
Units accounted for 40,200
Units Trans-in Material Conversion
Beginning WIP inventory 2,000 2,000 2,000 2,000
Started & completed 32,100 32,100 32,100 32,100
Ending WIP inventory 6,100 6,100 – 915
EUP (WA) 40,200 40,200 34,100 35,015
b. Fabrication: Units Trans-in Material Conversion
Beginning WIP inventory 5,000 5,000 – 3,750
Started & completed 33,200 33,200 33,200 33,200
Ending WIP inventory 6,800 6,800 6,800 4,080
EUP (FIFO) 45,000 45,000 40,000 41,030
Assembly: Units Trans-in Material Conversion
Beginning WIP inventory 2,000 – 2,000 1,300
Started & completed 32,100 32,100 32,100 32,100
Ending WIP inventory 6,100 6,100 – 915
EUP (FIFO) 40,200 38,200 34,100 34,315
Solution