PROCESS COSTING Instructions: Using the following data, complete the requirements given below.

The Machining Department of Sinclair Corporation reports the following for October 2017:

Production: All materials are added at the beginning of the process. Beginning work in process 20,000 units, 40% complete. Units started into production 200,000 units. Ending work in process 10,000 units, 70% complete.

Manufacturing Costs: Beginning work in process, $45,000, comprised of $17,000 of materials and $28,000 on conversion costs. Materials added $203,000; labor and overhead added $774,900.

1. Compute equivalent units of production for (1) materials and (2) conversion costs.

Materials Conversion

2. Compute the unit costs for the month.

Materials Conversion