Q4

The following data is for Pacific Enterprises for June

WIP inventory 1 June
10,000 units 22,000 $
Direct material (100% complete) 4,500 $
Conversion (20% complete) 26,500 $
WIP inventory 1 June
100,000
Units started during June
Units completed in June and 80,000
transferred to finished goods
Costs incurred in June 198,000 $
Direct Materials
Conversion Costs 52,800 $
Direct Labour 105,600 $
Manufacturing Overhead applied 158,400 $
At the end of June WIP was 33.33% complete
Required
Using the weighted average method, prepare the following schedules
1. Equivalent units of production
2. Calculation of unit costs
3. Analysis of total costs