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Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 38,500 Units in ending work in process

Baden Company has gathered the following information.

Units in beginning work in process 0
Units started into production 38,500
Units in ending work in process 7,700
Percent complete in ending work in process:
Conversion costs 40 %
Materials 100 %
Costs incurred:
Direct materials $80,850
Direct labor $70,400
Overhead $105,776

1. Compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

The equivalent units of production

2. Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)

Materials

Conversion Costs

Unit costs

$

$

3. Show the assignment of costs to units transferred out and in process.

Units transferred out

$

Units in ending work in process

$

Please show step by step/explanations. Thanks

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