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PROCESS COSTING

What are the similarities


and differences similarly with the Job order costing, process costing shall maintain the accounting contr
and manufacturing cost accumulation of ocst. Each department maintains their own Ge
How the cost are being build thus require Journal entries as well as the products move from one department to anoth
up
the differences runs to the maintainance of work in process for every department, costs
are accounted, regardless it is 100 percent completed or not, and the cost of units are de
for the period all over the units produced during the period

Cost build up from one department to another in relation to materials, labor and overhe
are added to the present deparment, and so on, thus the unist cost per product manufac
its completion

Method of accounting of Process cost maintains the method of accumulation of materials, labor, and overhead us
manufacturing cost a. Normal costing- where materials and lobor are directly on actual cost incured in the p
using a predetermined rate as applied manufactuing overhead, difference from the actu

b. Standard costing- where the 3 elements of cost uses the estimated cost

Job order cost


Journal Entry format
Upon set up of work in process
Work in process xx
Materials inventory control xx
Factory payroll xx
Manufacturing overhead applied xx

Upon transfer to another department


No entry

Cost of P331,000 for the manufacturing of textile product for a total unist of 13,000 has
where the materials needed are being prepared for weaving and rolled to pack.

Illustrative problem The cost are broken down as follows- Extraction department
Amount Qty/unt Stage of
compltn
Material 78,000
labor 96,000
Overhead 157,000
331,000 13,000
Transferred to Weaving dept 9500
Work in process end 3,500
Total equivalent production

What is cost of production, & PRODUCTION REPORT


Production report Shows the number of started in units, number of units transferred to another
subject to further processing and the percentage of completion of the units st

COST OF PRODUCTION REPORT


Document report used by management to undertand and evaluate the operat
of started in process or transferred in from previous department, the quantit
remaining subject for further process, and the related cost of the units produ
together with the work in process cost

from the above illustration the cost of production is prestented to with:- EXTRACTION
Quantity Schedule
Quantity to be accounted for:
Started in process/transferred in from previous
department
Total to be accounted for

Quantity as acconted
Transferred out to weaving
Work in process end
Total as accounted for

Cost schedule Cost


Cost to be accounted for
Materials 78,000.00
Labor 96,000.00
Overhead 157,000.00
Total cost to be accounted for 331,000.00

Cost accounted for as follows:


Transferred out 266,644.25
Work in process
Materials 21,000.00
Labor 14,933.33
Overhead 28,422.41
Total as accounted for 331,000.00

The cost are broken down as follows- weaving department- COST ADDED IN THIS DE
Amount Qty/unt Stage of
compltn
Material 22,000
labor 83,000
Overhead 70,000
175,000 9,500
Transferred to packaging 8500
Work in process end 1,000
total equivalent production

Quantity Schedule
Quantity to be accounted for:
transferred in from previous
department
Total to be accounted for

Quantity as acconted
Transferred out to weaving
Work in process end
Total as accounted for

Cost schedule Cost


Transferred in cost 266,644.25
Cost to be accounted for
Materials 22,000.00
Labor 83,000.00
Overhead 70,000.00
Total cost to be accounted for 441,644.25

Cost accounted for as follows:


Transferred out 402,541.11
Cost transferred in 28,067.82
Work in process this dept
Materials 1,673.91
Labor 5,472.53
Overhead 3,888.89

Total as accounted for 441,644.25

The cost are broken down as follows- packaging department- COST ADDED IN THIS D
Amount Qty/unt Stage of
compltn
Material 2,500
labor 25,000
Overhead 15,000
42,500 8,500
Transferred to finished goods 5500
Work in process end 3,000
Total equivalent production

Quantity Schedule
Quantity to be accounted for:
transferred in from previous
department
Total to be accounted for

Quantity as acconted
Transferred out to weaving
Work in process end
Total as accounted for

Cost schedule Cost


Transferred in cost 402,541.11
Cost to be accounted for
Materials 2,500
Labor 25,000
Overhead 15,000
Total cost to be accounted for 445,041.11

Cost accounted for as follows:


Transferred out 293,589.11
Cost transferred in 142,073.33
Work in process this dept
Materials -
Labor 6,164.38
Overhead 3,214.29

Total as accounted for 445,041.11

The question of how the production report shall be accounted for should the work per d
completed in a month and it requires another month of process for the in process end?

COST OF PRODUCTION Procedures:


REPORT
1. Account for the equivalent production without considering the stage of completion of
Using Average Costing at each level of cost element

2. Average unit cost is computed as follows: (at each level of cost element)
Cost of beg work in process at each level of element of cost (Mat/Labor/OH)
Cost at current month of at each level of cost element materials
Total
Divide by the total equivalent production (at each level of cost element)
= Average unit cost

3. The average cost computed shall be use by the completed units and work in process en
EXTRACTION DEPARTMENT
Illustrative problem Assume that the second month of in process the following information was given
1 Cost element of materials, labor and overhead as follows
Materials 75,000.00
Labor 90,000.00
Overhead 140,000.00
Total cost 305,000.00

2 Started in process current nonth 13,000.00


3 Work in process beginning 3,500.00
4 Transferred out to next department 10,000.00
5 Work in process end ?
6 Stage of completion 75%
7 Materials are added at the beginning of the month at 100%
PREVIOUS MONTHS PRODUCITON PROCESS
The cost are broken down as follows- Extraction department
Amount Qty/unt Stage of
compltn
Material 78,000
labor 96,000
Overhead 157,000
331,000 13,000
Transferred to Weaving dept 9500
Work in process end 3,500
Total equivalent production

SECOND MONTH PRODUCTION PROCESS (averag


Cost this Work in Total
month process beg Cost
Material 75,000 21,000.00 96,000
labor 90,000 14,933.33 104,933
Overhead 140,000 28,422.41 168,422
305,000 64,355.75 369,355.75
In process beginning
Transferred to Weaving dept
Work in process end
Total equivalent production

Quantity Schedule
Quantity to be accounted for:
Work in process beginning
Started in process
Total to be accounted for

Quantity as acconted
Transferred out to weaving
Work in process end
Total as accounted for

Cost schedule Cost


Cost to be accounted for
Materials 96,000.00
Labor 104,933.33
Overhead 168,422.41
Total cost to be accounted for 369,355.75

Cost accounted for as follows:


Transferred out 241,950.39
Work in process
Materials 37,818.18
Labor 34,389.92
Overhead 55,197.26

Total as accounted for 369,355.75

WEAVING DEPARTMENT
The following data is presented for the the production of linen in the weaving departmen
COST LAST MONTH
Transferred in from prior department
Cost incurred this department from previous department
Materials
Labor

Overhead
Total cost last month

COST THIS MONTH


Transferred in from prior department
Cost incurred this department from previous department
Materials
Labor
Overhead
Total cost this month

Total work in process

QTY
Work in process beginning
Transferred in- Current month
Transferred out next department
Work in process end
Stage of completion- 50%
Materias added at the beginning of the month at 50%
Materials added at the end of the month process at 25% when 20% complete
Materials balance at 25%

Cost this Work in Total


month process beg Cost
Transfer in from prior dept 241,950.39 28,067.82 270,018.20
Material 26,000 1,673.91 27,673.91
labor 65,000 5,472.53 70,472.53
Overhead 80,000 3,888.89 83,888.89
412,950 39,103 452,053.53
In process beginning
Transferred in from prior department
Transferred to Packaging dept
Work in process end
Total equivalent production

Quantity Schedule
Quantity to be accounted for:
Work in process beginning
Transferred in from prev dept
Total to be accounted for

Quantity as acconted
Transferred out to package dept
Work in process end
Total as accounted for

Cost schedule Cost


Cost to be accounted for
Work in process beginning and
Transfer in from prior dept 270,018.20
Materials 27,673.91
Labor 70,472.53
Overhead 83,888.89
452,053.53

Cost accounted for as follows


Transferred out to next dept 411,363.82
Transferred in fromn prior dept 29,456.53
Work in process end
Materials 2,327.71
Labor 4,065.72
Overhead 4,839.74
452,053.53
tain the accounting controls as par as the work in process, labor cost
t maintains their own General ledger for the accounts mentionede, and
one department to another.

every department, costs are accumulated each month of produciion


d the cost of units are determined by total of manufacturing cost

aterials, labor and overhead as cost of product from previous department


ost per product manufacture increases until it reach the final stage of

s, labor, and overhead using the"


ctual cost incured in the production, while overhead are recofed
difference from the actual and applied shall be be adjusted aginst the materials, labor and applied overhead

Prcoess cost

Upon set up of work in process


Work in process departmet 1 xx
Work in process departmet 2 xx
Work in process departmet 3 xx
Work in process departmet 4 xx
Materials inventory control xx
Factory payroll xx
Manufacturing overhead applied xx

Work in process department 2 xx


Work in process department 1 xx
Work in process department 3 xx
Work in process department 2 xx
Work in process department 4 xx
Work in process department 4 xx

total unist of 13,000 has been accountief for at Extraction department


d rolled to pack.
Unit % of % of % of
cost Materials compltn Labor compltn Overhead compltn
6.00
8.53
13.53
28.07
9500 9500 9500
3500 100% 1750 50% 2100 60%
13000 11250 11600

ts transferred to another department, and the work in process end, or ramining work in process
ompletion of the units still in process after the transferred out to another department

d and evaluate the operation shown by the quantity schedule


department, the quantity transferred out and the quantity
d cost of the units produced as it started and the transferred out

to with:- EXTRACTION DEPARTEMENT

13,000.00

13,000.00

9,500.00
3,500.00
13,000.00

Units Unit cost

13,000.00 6.00
11,250.00 8.53
11,600.00 13.53
28.07

9,500.00 28.07

3,500.00 6.00
1,750.00 8.53
2,100.00 13.53
ST ADDED IN THIS DEPARTMENT
Unit % of % of % of Transfer
cost Materials compltn Labor compltn Overhead compltn In
2.39
9.12
7.78
19.29
8500 8500 8500
700 70% 600 60% 500 50% 1,000.00
9200 9100 9000 1000

9,500.00

9,500.00

8,500.00
1,000.00
9,500.00

Units Unit cost


9,500.00 28.07

9,200.00 2.39
9,100.00 9.12
9,000.00 7.78
47.36

8,500.00 47.36
1,000.00 28.07

700.00 2.39
600.00 9.12
500.00 7.78

COST ADDED IN THIS DEPARTMENT


Unit % of % of % of Transfer
cost Materials compltn Labor compltn Overhead compltn In
0.45
3.42
2.14
6.02
5500 5500 5500
0 0% 1800 60% 1500 50% 3,000.00
5500 7300 7000

8,500.00

8,500.00

5,500.00
3,000.00
8,500.00

Units Unit cost


8,500.00 47.36

5,500.00 0.45
7,300.00 3.42
7,000.00 2.14
53.38

5,500.00 53.38
3,000.00 47.36

- 0.45
1,800.00 3.42
1,500.00 2.14

or should the work per department are not done or


s for the in process end?

he stage of completion of the work in process beginning

t/Labor/OH) xx
xx
xx
/ xx
xx

ts and work in process end

mation was given

UCITON PROCESS

Unit % of % of % of
cost Materials compltn Labor compltn Overhead compltn
6.00
8.53
13.53
28.07
9500 9500 9500
3500 100% 1750 50% 2100 60%
13000 11250 11600

TION PROCESS (average)


Qty/unt Unit % of % of % of
cost Materials compltn Labor compltn Overhead compltn
5.82
7.05
11.32
13,000 24.20
3,500
10000 10000 10000 10000
6,500 6500 100% 4875 75% 4875 75%
16500 14875 14875
3,500.00
13,000.00
16,500.00

10,000.00
6,500.00
16,500.00

Units Unit cost

16,500.00 5.82
14,875.00 7.05
14,875.00 11.32
24.20

10,000.00 24.20

6,500.00 5.82
4,875.00 7.05
4,875.00 11.32

n the weaving department in succeeding month

28,067.82

1,673.91
5,472.53

3,888.89
39,103.15

241,950.39

26,000.00
65,000.00
80,000.00
412,950.39

452,053.54

1,000.00
10,000.00
9,800.00
1,200.00

20% complete

Qty/unt Unit % of % of % of
cost Materials compltn Labor compltn Overhead compltn
24.55
2.59
6.78
8.07
41.98
1,000
10,000
9800 9800 9800 9800
1,200 900 75% 600 50% 600 50%
10700 10400 10400

1,000.00
10,000.00
11,000.00

9,800.00
1,200.00
11,000.00

Units Unit cost

11000 24.55 24.55


10700 2.59 2.59
10400 6.78 6.78
10400 8.07 8.07
9800 41.98
1200 24.55

900 2.59
600 6.78
600 8.07
% of
Comptln

100%

% of
Comptln
100%
FIFO NOTES

Note 1
Under the FIFO method, the transferred out is broken down into
the work in process previous month at 3500
Started in and completed current month 6500
Total transferred out 10000

Note 2
The work in process shall be following the same completion as the average costing
SECOND MONTH PRODUCTION PROCESS (fifo
Cost this Work in
month process beg
Material 75,000.00
labor 90,000.00
Overhead 140,000.00
305,000.00 64,355.75
In process beginning
Transferred to Weaving dept
Work in process beg
Started in process this dept
Total transfer out

In process end
Total equivalent production
Quantity to be accounted for:
Work in process beginning
Started in process
Total to be accounted for
Quantity as acconted
Transferred out to weaving
Work in process beg prior dept
Started in process this dept
Work in process end

Cost
Cost to be accounted for
Work in process beg 64,355.75
Materials 75,000.00
Labor 90,000.00
Overhead 140,000.00
Total cost to be accounted for 369,355.75
Cost accounted for as follows:
Transferred out
Work in process beg 64,355.75
Started in process this dept -
Materials -
Labor 12,000.00
Overhead 15,342.47
Transferred out 153,304.31
Work in process end
Materials 37,500.00
Labor 33,428.57
Overhead 53,424.66

369,355.75
Trans in % of Cost this Work in
compltn month process beg
Transfer in prior dept 241,950.39
Material 26,000.00
labor 65,000.00
Overhead 80,000.00
412,950.39 39,103.15
In process beginning
Transferred in from prev department
9,800.00 Transferred to next department
1,200.00 100% Work in process beg
11,000.00 Started in process this dept
Total transfer out

In process end
Total equivalent production

Quantity to be accounted for:


Work in process beginning
Transferred in from previous dept
Total to be accounted for
Quantity as acconted
Transferred out to next dept
Work in process beg prior dept
Started in process this dept
Work in process end
Total quantity as accounted for
Cost
Cost to be accounted for
Work in process beg 39,103.15
Transferred in pior department 241,950.39
Materials 26,000.00
Labor 65,000.00
Overhead 80,000.00
Total cost to be accounted for 452,053.53
Cost accounted for as follows:
Transferred in prior department
Work in process beg 39,103.15

-
Started in process this dept -
Materials 780.00
Labor 2,653.06
Overhead 4,040.40
Transferred out 365,274.80
Work in process end
Tansfer in cost prior dept 29,034.05
Materials 2,340.00
Labor 3,979.59
Overhead 4,848.48
452,053.53

Exercise 55/234-235 FIFO


Cost this Work in
month process beg
Material -chemicals 228,900.00
Material -cans 7,000.00
labor & overhead 46,000.00

281,900.00 51,900.00
In process beginning
Transferred to Weaving dept
Work in process beg-25% complete
Started in process this dept
Total transfer out
In process end-80%
Total equivalent production

Quantity to be accounted for:


Work in process beginning
Started in process
Total to be accounted for
Quantity as acconted
Transferred out to weaving
Work in process beg prior dept
Started in process this dept
Work in process end

Cost
Cost to be accounted for
Work in process beg 51,900.00
Material -chemicals 228,900.00
Material -cans 7,000.00
labor & overhead 46,000.00
Total cost to be accounted for 333,800.00
Cost accounted for as follows:
Transferred out
Work in process beg 51,900.00
Started in process this dept -
Material -chemicals -
Material -cans 1,400.00
labor & overhead 6,000.00
Transferred out 212,000.00
Work in process end
Material -chemicals 54,500.00
Material -cans -
labor & overhead 8,000.00
333,800.00

Exercise 55/234-235 FIFO -


Cost this Work in
month process beg
Material -chemicals 228,900.00 45,100.00
Material -cans 7,000.00 -
labor & overhead 46,000.00 6,800.00
281,900.00 51,900.00
In process beginning- 25% complete
Transferred to Weaving dept
Work in process end-80%
Total equivalent production

Quantity Schedule
Quantity to be accounted for:
Work in process beginning
Started in process
Total to be accounted for

Quantity as acconted
Transferred out to weaving
Work in process end
Total as accounted for

Cost schedule
Cost to be accounted for
Material -chemicals
Material -cans
labor & overhead
Total cost to be accounted for

Cost accounted for as follows:


Transferred out
Work in process
Material -chemicals
Material -cans
labor & overhead

Total as accounted for


Cost allocated are based on the % of completion for this month, hence for material, its 100%-100% com
allocated without % of completion since started

the average costing


H PRODUCTION PROCESS (fifo)
Qty/unt Unit % of
cost Materials compltn Labor
13,000.00 5.77
13,125.00 6.86
12,775.00 10.96
13,000.00 23.59
3,500.00

3,500.00 - 0% 1,750.00
6,500.00 6,500.00 6,500.00
10,000.00

6,500.00 6,500.00 100% 4,875.00


13,000.00 13,125.00
3,500.00
13,000.00
16,500.00

3,500.00
6,500.00 10,000.00
6,500.00

Units Unit cost

13,000.00 5.77
13,125.00 6.86
12,775.00 10.96
23.59

-
- 5.77
1,750.00 6.86
1,400.00 10.96
6,500.00 23.59

6,500.00 5.77
4,875.00 6.86
4,875.00 10.96
Qty/unt Unit % of
cost Materials compltn Labor
10,000.00 24.20
10,000.00 2.60
9,800.00 6.63
9,900.00 8.08
41.51
1,000.00
10,000.00

1,000.00 300.00 30% 400.00


8,800.00 8,800.00 8,800.00
9,800.00

1,200.00 900.00 75% 600.00


10,000.00 9,800.00

1,000.00
10,000.00
11,000.00

1,000.00
8,800.00 9,800.00
1,200.00
11,000.00
Units Unit cost

10,000.00 24.20
10,000.00 2.60
9,800.00 6.63
9,900.00 8.08
41.51

-
-
300.00 2.60
400.00 6.63
500.00 8.08
8,800.00 41.51

1,200.00 24.20
900.00 2.60
600.00 6.63
600.00 8.08

rcise 55/234-235 FIFO


Qty/unt Unit chemical % of can % of Labor
cost Materials compltn Materials compltn Overhead
10.90
0.35
2.00

21,000.00 13.25
4,000.00

4,000.00 - 0% 4,000 100% 3,000.00


16,000.00 16,000.00 16,000 16,000.00
20,000.00
5,000.00 5,000.00 100% 4,000.00
21,000.00 20,000.00 23,000.00

4,000.00
21,000.00
25,000.00

4,000.00
16,000.00 20,000.00
5,000.00

Units Unit cost

21,000.00 10.90
20,000.00 0.35
23,000.00 2.00
13.25

-
- 10.90
4,000.00 0.35
3,000.00 2.00
16,000.00 13.25

5,000.00 10.90
0.35
4,000.00 2.00

AVERAGE COSTING
Total Qty/unt Unit chemical % of can % of Labor
cost Materials compltn Materials compltn Overhead
274,000.00 10.96
7,000.00 0.35
52,800.00 2.20
333,800.00 21,000 13.51
4,000
20000 20000 20000 20000
5,000 5000 100% 0 4000
25000 20000 24000

4,000.00
21,000.00
25,000.00

20,000.00
5,000.00
25,000.00

Cost Units Unit cost

274,000.00 25,000.00 10.96


7,000.00 20,000.00 0.35
52,800.00 24,000.00 2.20
333,800.00 13.51

270,200.00 20,000.00 13.51

54,800.00 5,000.00 10.96


- - 0.35
8,800.00 4,000.00 2.20

333,800.00
rial, its 100%-100% completed = 0%, while for labor 50%-100%= 50%, Overhead 60%-100%= 40%

SECOND MONTH PRODUCTION PR


% of % of Cost this
compltn Overhead compltn month
Material 75,000.00
labor 90,000.00
Overhead 140,000.00
305,000.00
In process beginning
Transferred to Weaving dept
50% 1,400.00 40% Work in process beg
6,500.00 Started in process this dept
Total transfer out

75% 4,875.00 75% In process end


12,775.00 Total equivalent production
Quantity to be accounted for:
Work in process beginning
Started in process
Total to be accounted for
Quantity as acconted
Transferred out to weaving
Work in process beg prior dept
Started in process this dept
Work in process end

Cost to be accounted for


Work in process beg
Materials
Labor
Overhead
Total cost to be accounted for
Cost accounted for as follows:
Transferred out
Work in process beg
Started in process this dept
Materials
Labor
Overhead
Transferred out
Work in process end
Materials
Labor
Overhead

Variance
% of % of Transfer % of
compltn Overhead compltn in prior dpt compltn

40% 500.00 50% - 0%


8,800.00 8,800.00

50% 600.00 50% 1,200.00 100%


9,900.00 10,000.00
% of
compltn

75%
80%

% of
compltn

80%
COND MONTH PRODUCTION PROCESS (STANDARD COST)
Work in Qty/unt Unit Std % of % of
process beg cost Materials compltn Labor compltn
13,000.00 6.25
13,125.00 6.00
12,775.00 12.00
57,575.00 13,000.00 24.25
3,500.00

3,500.00 - - 1,750.00 0.50


6,500.00 6,500.00 6,500.00
10,000.00

6,500.00 6,500.00 1.00 4,875.00 0.75


13,000.00 13,125.00
3,500.00
13,000.00
16,500.00

3,500.00
6,500.00 10,000.00
6,500.00

Cost Units Unit std


cost
57,575.00
75,000.00 6.25
90,000.00 6.00
140,000.00 12.00
362,575.00 24.25

57,575.00
- -
- - 6.25
10,500.00 1,750.00 6.00
16,800.00 1,400.00 12.00
157,625.00 6,500.00 24.25

40,625.00 6,500.00 6.25


29,250.00 4,875.00 6.00
58,500.00 4,875.00 12.00

370,875.00
(8,300.00)
S

USER:
Spoilage can not be avoided as the normal process will incurr as such, for this,
spoilage has to be ascertain if occurred during the process or after the
process where quality inspection has been done

USER:
Acctng If normal as the process passes, no distribution at Materials, labor, &
overhead for equivalent production.

If abnormal, distribution of lost units is required for equivalent prioducito


units

% of Assume using the same illustration, the ending process include abnormal spoilage
Overhead compltn and normal spoilage of 2,000 and 1,000 units respectively, compute the Equivalent
production and prepare cost of production report

Cost this Work in


month process beg
Material 75,000.00
labor 90,000.00
1,400.00 0.40 Overhead 140,000.00
6,500.00 305,000.00 64,355.75
In process beginning
Transferred to Weaving dept
4,875.00 0.75 Work in process beg
12,775.00 Started in process this dept
Total transfer out

In process end
Abnormal spoilage
Normal spoilage

Total equivalent production

Quantity to be accounted for:


Work in process beginning
Started in process
Total to be accounted for
Quantity as acconted
Transferred out to weaving
Work in process beg prior dept
Started in process this dept
Work in process end

Cost
Cost to be accounted for
Work in process beg 64,355.75
Materials 75,000.00
Labor 90,000.00
Overhead 140,000.00
Total cost to be accounted for 369,355.75
Cost accounted for as follows:
Transferred out
Work in process beg 64,355.75
Started in process this dept -
Materials -
Labor 12,233.01
Overhead 15,648.70
Transferred out 158,716.58

Spoilage Abnormal 48,835.87

Work in process end


Materials 21,875.00
Labor 18,349.51
Overhead 29,341.32
369,355.75

-
ss will incurr as such, for this,
during the process or after the
een done

tribution at Materials, labor, &

required for equivalent prioduciton

cess include abnormal spoilage


ctively, compute the Equivalent

Qty/unt Unit % of % of
cost Materials compltn Labor compltn
12,000.00 6.25
12,875.00 6.99
12,525.00 11.18
13,000.00 24.42
3,500.00

3,500.00 - 0% 1,750.00 50%


6,500.00 6,500.00 6,500.00
10,000.00

3,500.00 3,500.00 100% 2,625.00 75%


2,000.00 2,000.00 100% 2,000.00 100%
1,000.00

12,000.00 12,875.00

3,500.00
13,000.00
16,500.00

3,500.00
6,500.00 10,000.00
6,500.00

Units Unit cost

12,000.00 6.25
12,875.00 6.99
12,525.00 11.18
24.42

-
- 6.25
1,750.00 6.99
1,400.00 11.18
6,500.00 24.42

2,000.00 24.42

3,500.00 6.25
2,625.00 6.99
2,625.00 11.18
% of
Overhead compltn

1,400.00 40%
6,500.00
2,625.00 75%
2,000.00 100%

12,525.00

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