Ending Work in Process Work in Process Conversion Cost% Units Transferred Out Conversion Cost% Month Units Units January 0 11,100 2,800 62 March 0 13,800 3,900 30 May 0 15,300 8,010 80 July 0 10,100 1,700 46 Your answer is correct. Compute the physical units for January and May January May Units to be accounted for Beginning work in process Started into production T13900 23,310 Total units T13900 T23,310 Units accounted for Transferred out 111100 15,300 Ending work in process 12800 T8,010 13,900 23,310| Total units Units accounted for Transferred out 11100| T15,300 Ending work in process [2800 18,010 Total units 13,900 T23,310 Your answer is partially correct. Try again. Compute the equivalent units of production for (1) ma Materials Conversion Costs January 13,900 22970 X March 1170 17,700 May 6408 123,310 782 July 11,800 The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs Transferred out 12,300 units. Started 4,400 units that are 60 % $0 1. Beginning work in process 2. 64,295 Materials complete as to conversion 19,191 Labor costs and 100% complete as 20,400 Manufacturing overhead to materials at July 31 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process Determine the equivalent units of production for (1) materia ls and (2) conversion costs. Materials Conversion Costs Total equivalent units of production Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion costs Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) Cost Reconciliation Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs Question Attempts: Unlimited y& ne o eld co ots reseved The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 7,060 units finished and transferred out; 3,000 units started that are 100 % complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $39,234; labor $21,100; overhead $40,180. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) Equivalent Units Conversion Costs Physical Units Quantities Materials Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for Transferred out Work in process, March 31 Total units Conversion Costs Costs Materials Total Unit costs Total Costs Equivalent units Unit costs sts to be accounted for Work in process, March 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs Total costs Question Attempts: Unlimited