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A + S Wespande, Accounting Principles, 130 Return to Blackboard CALCULATOR BACK NEXT Problem 21-7A 21-23, 6 (Part Level Submission) Coronado Company manufactures bicycles and

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A + S Wespande, Accounting Principles, 130 Return to Blackboard CALCULATOR BACK NEXT Problem 21-7A 21-23, 6 (Part Level Submission) Coronado Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformy, Coronado Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows. Percentage Production Data-Bicycles Units Complete Work in process units, March 1 190 30 Units started into production Work in process units, March 31 1,400 310 Cost Data-Bicycles Work in process units, March 1 Directors Direct labor Manufacturing over $19,330 50,400 26.500 29,840 Production Data-Tricycles Work in process, March 1 Units Percentage Complete 755 140 1,000 25 Cost Data-Tricycles Units Percentage Complete Production Data-Bicycles Work in process units, March 1 Units started into production Work in process units, March 31 190 80 % 1,400 310 40 % Cost Data-Bicycles Work in process units, March 1 Direct materials Direct labor Manufacturing overhead $19,330 50,400 26,500 29,840 Units Percentage Complete Production Data-Tricycles Work in process units, March 1 Units started into production Work in process units, March 31 75 % 140 1,000 60 25 % Cost Data-Tricycles Work in process units, March 1 Direct materials Direct labor Manufacturing overhead $6,050 30,000 14,200 19,460 CAL 19,460 (al) Calculate the equivalent units of production for materials and conversion costs for both the bicycles and the tricycles. Materials Conversion Costs Equivalent Units of bicycles Equivalent Units of tricycles Click If you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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