CALCULATOR HACK NEXT S Problem 16-03A Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion couts are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July T12-Tables Work in process units, July 1 Units started into production 22,400 Work in process units, July 31 3,360 Work in process percent complete 60 2 Cost Data-July Work in process, July 1 Materials Labor Overhead Total 50 425,600 262,520 116,480 $804,608 Compute the physical units of production. T12 Tables Units to be accounted for SHOW SOLUTION SHOW ANSWER 11:15 PM Search o 22 CALCULATOR PRINTER VERSION BAC JRCES Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO VIDEO Study Determine the unit costs of production Materials Conversion Costs Total Costs Unit costs-T12 Tables SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO VIDEO Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out Work in process Materials Conversion costs Total costs SHOW SOLUTION SHOW ANSWER LINK TO TEXI LINK TO VIDEO Prepare the production cost report for July 2020 THAKIN INDUSTRIES INC. CALCULATOR PRINTER VERSION HACK NEXT Prepare the production cost report for July 2020. THAKIN INDUSTRIES INC. Cutting Department Plant 1 Production Cost Report For the Month Ended July 31, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, July 1 Started into production Total units Units accounted for Transferred out Work in process, July 31 Total units Materials Costs Unit costs Conversion Costs Total Total Costs Equivalent units Search C 11:17 PM signment PRINT VON BACK NEXT CALCULATOS Conversion Costs Materials Total Coste Unit Total Costs Equivalent units Un con dy Cost to be accounted for Work in process, July 1 Started into production Cost Reconciliation Sichedule Cestacounted for Trandred out Work July 31 en Open Assignment CAICERA HACK EXT PMENT RESOURCES 16 Cost Reconciliation Schedule Consecuted for Tanfred out Work in process, July 31 Materials Results Conversion costa Totalt Click if you would like to show Work for this question: Open Show Work WANNWER LOT LIROTO VIDEO