Equivalent Units and Unit Costs—Process Costing A large factory that manufactures wooden furniture has several assembly lines. One of the assembly lines is dedicated to assembly of wooden kitchen tables. All raw materials necessary to complete each table are requisitioned from the raw materials warehouse at the time each table starts production on the assembly line. The following data relate to one week of production:

Beginning Work-in-Process:

48 tables; 75% complete; $432 in direct materials costs; $756 in conversion costs Ending Work-in-Process:

40 tables; 20% complete Current Week:

600 tables started and completed; $5,440 requisitioned from raw materials warehouse, $13,640 incurred in conversion costs 1. Compute the equivalent units of production for both direct materials and conversion costs for the week.

2. Compute the total production cost per chair for the week on the assembly line.

3. How does this week’s production cost on the assembly line compare to last week’s production cost?