Please help with anything that you can do. Problem 21-5A

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 2017 are as follows.

Problem 21-5A Polk Company manufactures basketballs. Materials are added at the beginning of the production p Percent Production DataBasketballs Units Complete Work in process units, July 1 510 60 % Units started into production 1,440 Work in process units, July 31 570 40 % Cost Data Basketballs Work in process, July 1 Materials $780 Conversion costs $1,360 Direct materials 2,350 Direct labor 1,690 Manufacturing overhead 1,240 Your answer is partially correct. Try again. Calculate the equivalent units of production for materials and conversion costs. Materials Conversion Costs E3 Equivalent Units 1950 I 1573' IE Your answer is incorrect. Try again. Calculate the unit costs of production for materials and conversion costs. (Round unit co: Materials Conversion Casts $ 35 IE Your answer is incorrect. Try again. Calculate the assignment of costs to units transferred out and in process at the end of the Cosh: accounted far: E! Transferred out I 7488 I Work in process, July 31 Prepare a production cost report for the month of July for the basketballs. (Round unit costs to 3 decimal places, e.g. 2.257 and all other answers to 0 decimal places, e.g. 2,250.) POLK COMPANY Basketball Department Production Cost Report For the Month Ended July 31, 2017 Equivalent Unils Physical Conversion Quantities Units Materials casts Units to be accounted for Work in process, July 1 Started into production Total units MU Units accounted for Transferred out x x x Work in process, July 31 Li L L Total units x x x Conversion conversion COStS Materials C0513 Unit costs 3 costs wuw $l-l |_-:_| Equivalent units |U| |U| Unit costs ii ll\" Costs to be accounted for Work in process, July 1 Started into production Total costs (\"nel- omnt-iliai-inn rhnuln Total lll D W Cost Reconciliation Schedule Costs accounted for El Transferred out _| $ Work in process, July 31 E! $ Conversion costs E El Tssslssss $l-l Click if you would like to Show Work for this question: Qpen Show Work