BACK NEXT $10,800, and 2. Incurred $60,200 of factory labor. (Credit Wages Payable.) 3. Incurred $72,000 of s. Used factory labor for Cutting $33,200 and Assembly $27,000 goods costing $137,000 from Assembly to Finished Goods. eitles are automatically indented when amoune is 2. 5. 6. 7, 9, To record the cost of goods sold) (To record the sale) Click if you would like to Show Work for this question: Open Show Work F3 F4 DIl Exercise 16-6 The Cutting Department of Cassel Company has the following production and cost data for July Production Costs 1. Transferred out 13,300 units. Beginning work in process Materials Started 4,900 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31 63,154 26,458 20,800 Manufacturing overhead Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production Compute unit costs. (Round unit costs to 2 decimal places, e.g 2.25.) Materials Conversion costs VIDEO APPLIED Preparecost reconciliation schedule. (Round unit costs to 2 decimal places, e.g2.2S and final answers to O decimal places, e.g. 1,225.) Costs accounted for Tranferred out 3 4 5 6 8