Crane Company has gathered the following information.

Units in beginning work in process		0
Units started into production		37,300
Units in ending work in process		8,200
Percent complete in ending work in process:
Conversion costs		40	%
Materials		100	%
Costs incurred:
Direct materials		$78,330
Direct labor		$66,500
Overhead		$105,114

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		$		$

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

Units transferred out		$
Units in ending work in process		$