Ramali Ltd. has gathered the following information.

Units in beginning work in process                          –0–

Units started into production                                 36,000

Units in ending work in process                              6,000

Percent complete in ending work in process:

Conversion costs                                                         40%

Materials                                                                     100%

Costs incurred:

Direct materials                                                      ₹ 720,000

Direct labor                                                             ₹ 610,000

Overhead                                                                ₹ 1,010,000

Instructions

a. Compute equivalent units of production for materials and for conversion costs.

b. Determine the unit costs of production.

c. Show the assignment of costs to units transferred out and in process.