Problem 16-3A (Part Level Submission) Please look at attachment for fields to be filled

Seagren Industries Inc. manufactures in separate processes furniture for homes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows.

Cutting Department
Production Data?July	Plant 1 T12-Tables	Plant 2 C10-Chairs
Work in process units, July 1	0	0
Units started into production	19,950	16,800
Work in process units, July 31	3,150	525
Work in process percent complete	60	80
Cost Data?July
Work in process, July 1	$0	$0
Materials	399,000	302,400
Labor	245,910	115,500
Overhead	109,200	101,535
Total	$754,110	$519,435

Problem 16-3A (Part Level Submission) Seagren Industries Inc. manufactures in separate processes furniture for homes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Cutting Department Production DataJuly Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete Cost DataJuly Work in process, July 1 Materials Labor Overhead Total Plant 1 T12-Tables 0 19,950 3,150 60 Plant 2 C10-Chairs 0 16,800 525 80 $0 399,000 245,910 109,200 $754,110 $0 302,400 115,500 101,535 $519,435 (a) For each plant: (1) Compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for 19950 16800 (2) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables 19950 C10 Chairs 16800 18630 16683 (3) Determine the unit costs of production. (Round unit costs to 0 decimal places, e.g. 25.) Conversion Costs Materials $ Unit costs-T12 Tables $ Unit costs-C10 Chairs Total Costs $ $ $ $ (4) Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: $ Transferred out Work in process $ Materials Conversion costs $ Total costs 754110 C10 Chairs Costs accounted for: Transferred out $ Work in process $ Materials Conversion costs $ Total costs 519435 Click if you would like to Show Work for this question: Open Show Work (b) Your answer is correct. Prepare the production cost report for Plant 1 for July 2014. Quantities Units to be accounted for SEAGREN INDUSTRIES INC. Cutting DepartmentPlant 1 Production Cost Report For the Month Ended July 31, 2014 Equivalent Units Physical Conversion Units Materials Costs Work in process, July 1 0 Started into production Total units Units accounted for Transferred out Work in process, July 31 Total units Costs Unit costs Conversion Costs Materials Total $ $ $ $ $ $ Total Costs Equivalent units Unit costs Costs to be accounted for $ Work in process, July 1 Started into production $ Total costs Cost Reconciliation Schedule Costs accounted for $ Transferred out Work in process, July 31 $ Materials Conversion costs $ Total costs