Concord Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Concord Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows. Percentage Production Data-Bicycles Units Complete Work in process units, March 1 210 80 % Units started into production 1,260 Work in process units, March 31 290 40 % Cost Data-Bicycles Work in process units, March 1 $19,030 Direct materials 50,400 Direct labor 26,300 Manufacturing overhead 30,100 Percentage Production Data-Tricycles Units Complete Work in process units, March 1 140 75 % Units started into production 990 Work in process units, March 31 60 60 25 % Cost Data-Tricycles Work in process units, March 1 $6,290 Direct materials 30,690 Direct labor 14,500 Manufacturing overhead 19,800 Calculate the unit costs of production for materials and conversion costs for both the bicycles and Unit costs of bicycles Unit costs of tricycles eTextbook and Media Materials 40 31 Conversion Costs 50 35 Calculate the assignment of costs to units transferred out and in process at the end of the accounting period for both the bicycles and the tricycles. Bicycles Costs accounted for: Transferred out Work in process, March 31 Materials Conversion costs Total costs $ Tricycles thed for Costs accounted for: Transferred out Work in process, March 31 Materials Conversion costs Total costs eTextbook and Media A $ $