accounting

Gray Manufacturing Company makes pennants for college and university athletic teams. The company uses a process costing system to accumulate product costs as the pennants move through the two stages of production: cutting and silkscreening. All materials are added at the beginning of both cutting and silkscreening processes, while conversion costs are applied evenh,t throughout the process. At the beginning ofSeptemher. the Cutting Department had 2,000 pennants in process that were 50% complete. The com pany had incurred $1.300 in direct materials cost and $1,250 in conversion cost to make them. During the month, the department added $13,?08 more of direct materials and $33,418 in conversion costs. A total of 9.150 pennants were nished during September and transferred to the Silk-screening Department. At the end of the month, 1.200 pennants that were 40% complete remained in the Cutting Department Reconcile both the physical units and the product costs for the Cutting Department in September. (Do not round cost per unit. Round answers to O decimal places, e.g. 5,275.) Units Costs $ $ $ $