problem 16-3a (part level sumbmisson)

CALCULATOR PRINTER VERSION FAX Problem 16-3A (Part Level Submission) Thakin industries Inc, manufactures dorm furniture in separate processes. 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 Plant 1 Plant 2 Production Data - July T12-Tables CIO Chairs Work in process units, July 1 0 Units stated into production 21,000 16,800 Work in process units, July 31 3,150 525 Work in process percent complete 80 0 Cost DataJuly Work in process, July 1 Materials Labor Overhead Total 50 399,000 246,120 109,200 $754,320 50 302.400 115,500 110.040 $527,940 (3) El your answer is partially correct. Try again For each plant show the assignment of cost to transferred out and in process (24) Your answer is partially correct. Try again. For each plant show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out Work in process Materials DO Conversion costs Total costs 754320 C10 Chairs Costs accounted for: Transferred out Work in process Materials Conversion costs Total costs 527940 Click if you would like to