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CALCULATOR MESSAGE Exercise 21-09 a-c Lily Company has gathered the following information Units in beginning work in process Units started into production Units in ending
CALCULATOR MESSAGE Exercise 21-09 a-c Lily Company has gathered the following information Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 0 40,300 7,900 Conversion costs 40 % Materials 100 % Costs incurred Direct materials Direct labor Overhead $74,555 $64,500 $104,410 Compute equivalent units of production for materials and for conversion costs Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs Unit costs Policy hn Wil ons,_Inc. All Rights Reserved. A Division of John Wile
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