Slocum Corporation manufactures in separate processes refrigerators and freezers 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.

Instructions(a) For each plant:(1) Compute the physical units of production.(2) Compute equivalent units of production for materials and for conversion costs.(3) Determine the unit costs of production.(4) Show the assignment of costs to units transferred out and in process.(b) Prepare the production cost report for Plant A for June2010.

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Stamping Department Plant A Plant B R12 Refrigerators F24 Freezers Production Data-June Work in process units, June 1 Units started into production Work in process units, June 30 Work in process percent complete -0- -0- 21,000 20,000 2,500 4,000 75 60 Cost Data-June Work in process, June 1 -0- --0- Materials 840,000 720,000 221,000 292,000 220,000 420,000 Labor Overhead $1,480,000 $1,233,000 Total