Continuation of 17-26.
In Exercise 17-26.

Degree of completion: direct materials, 90%; conversion costs, 40%.
€ Degree of completion: direct materials, 60%; conversion costs, 30%.
REQUIRED
For the data in Exercise 17-26, summarize total costs to account for, calculate cost per equivalent unit for direct materials and conversion costs, and assign total costs to units completed (and transferred out) and to units in ending work in process.

Transcribed Image Text:

Direct Conversion Physical Units Materials Costs Beinnng work in process (May1) Started in May 2012 Completed during May 2012 Ending work in process (May 31) Costs added during May 2012 S 493,360 S 91,040 80 500 460 120 S3,220,000 S1,392,000