Question: can you please solve this question in the last sheet. and i need the report too. P16.5A(LO3,4), AP Polk Company manufactures basketballs. Materials are added


P16.5A(LO3,4), AP Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2022 are as follows. Determine equivalent units and unit costs and assign costs. a. Calculate the following. 1. The equivalent units of production for materials and conversion costs. 2. The unit costs of production for materials and conversion costs. 3. The assignment of costs to units transferred out and in process at the end of the accounting beriod. b. Prepare a production cost report for the month of July for the basketballs
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
