1). For each plant compute the physical units of production.

2). For each plant compute equivalent units of production for materials and for conversion costs.

3). For each plant determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 5.25.) 4). For each plant show the assignment of costs to units transferred out and in process.

Problem 21-3A al-a4, b (Video) Lily 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 a product are as follows. Cutting Department T12-Tables Production Data- July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 20,600 3,090 Cost Data-July Work in process, July 1 Materials Labor Overhead Total 391,400 241,432 107,120 $739,952