CATCH Ltd manufactures sports equipment. The company makes baseball gloves in two departments, Cutting and Stitching. Catch uses the weighted-average cost procedure. Material is added at the beginning of the Cutting Department, and conversion is incurred uniformly throughout the process. Using the following information for the month of March, complete the follow: Work in process, March 1: 20,000 units Cost Materials: 100% complete $ 50,000 Conversion: 10% complete. 7,200 30,000 units 40,000 units Units started into production in March: Units completed and transferred out in March: Work in process, March 31: Materials 100% complete. Conversion 50% complete. 10,000 units 90,000 Costs incurred during March Materials cost Conversion costs: Direct labor Applied manufacturing overhead Total conversion costs Total costs to account for 1. Analyze the physical flow of units. 2. Calculate the equivalent units 3. Calculate the unit cost for one unit. $ 86,000 107.500 193,500 $ 340,700