In Cullumber Company, materials are entered at the beginning of each process, and conversion costs are incurred uniformly throughout the process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2022 are as follows. Month January March May July Beginning Work in Process Units 0 0 0 O Conversion Cost% Units Completed and Transferred Out 14,080 15,360 17,920 12,800 Ending Work in Process Units 2,560 3,840 8,960 1,680 Conversion Cost% 60 30 80 40

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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In Cullumber Company, materials are entered at the beginning of each process, and conversion costs are incurred uniformly
throughout the process. Work in process inventories, with the percentage of work done on conversion costs, and production data for
its Sterilizing Department in selected months during 2022 are as follows.
Month
January
March
May
July
(a)
Beginning
Work in Process
Units
0
0
0
0
Units to be accounted for
Conversion
Cost%
Beginning work in process
Started into production
Total units
Units accounted for
Transferred out
Ending work in process.
Total units
Units Completed and
Transferred Out
Ending
Work in Process
For January and May.compute the physical units to be accounted for and the physical units accounted for.
January
Units
2,560
14,080
15,360
3,840
17,920 8,960
12,800 1,680
Conversion
Cost%
60
30
80
40
May
Transcribed Image Text:In Cullumber Company, materials are entered at the beginning of each process, and conversion costs are incurred uniformly throughout the process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2022 are as follows. Month January March May July (a) Beginning Work in Process Units 0 0 0 0 Units to be accounted for Conversion Cost% Beginning work in process Started into production Total units Units accounted for Transferred out Ending work in process. Total units Units Completed and Transferred Out Ending Work in Process For January and May.compute the physical units to be accounted for and the physical units accounted for. January Units 2,560 14,080 15,360 3,840 17,920 8,960 12,800 1,680 Conversion Cost% 60 30 80 40 May
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