Refer to the information in Problem 18-35. Suppose Rounder determines standard costs of $246 per (equivalent) unit for direct materials and $96 per (equivalent) unit for conversion costs for both beginning work-in-process and work done in the current period.
In problem 18-35

Required
Repeat question 2 from Problem 18-35 using standard costs.

Physical Units Direct Materials $ 76,800 Conversion Costs $ 12,240 Work-in-process, September 1* Started during September 2015 Good units completed and transferred 1,700 ,400 300 out during September 2013 Work-in-process, September 30t Costs added during September 2015 "Degree of completion: direct materials, 100%; conversion costs, 30%. Degree of completion: direct materials, 100%; conversion costs, 40%. 53,600 $184,320