Fifth edition Alnoor Bhimani Charles T. Horngren Srikant M. Datar Madhav V. Rajan Farah Ahamed

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solutions-manual-to-bhimani-et-al-management-and-cost-accounting-pearson-2012-1

Equivalent unit costs of work done in current period only

Solution Exhibit B
Step 3: Calculate equivalent unit costs under the weighted-average method, Cooking Department of Telemark-Kjemi for June 2010.

Transferred-in
costs
Direct
materials
Conversion
costs
Equivalent unit costs of opening work in
progress
Work in progress, opening (given) Divide by equivalent units of opening work in progress (from Solution Exhibit 4.17A)
Cost per equivalent unit of opening work in progress

NKr 40,000
÷ 40
NKr 1,000

–
–
–

NKr 18,000
÷ 30
NKr 600

Equivalent unit costs of work done in
current period only
Costs added in current period (given) Divide by equivalent units of work done in current period (from Solution Exhibit 4.17A)
Cost per equivalent unit of work done in current period only

NKr 87,200
÷ 80
NKr 1,090

NKr 36,000
÷ 90
NKr 400

NKr 49,725
÷ 75
NKr 663

Bhimani, Horngren, Datar and Rajan, Management and Cost Accounting, 5
th
Edition, Instructor’s Manual
© Pearson Education Limited 2012
Solution Exhibit Cb Step 4: Summarise total costs to account for and assign these costs to units completed and units in closing work in progress using the weighted-average method, Cooking Department of
Telemark-Kjemi for June 2010 (in NKr).

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