Crane Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Crane Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows.

Production DataBicycles

Units

Percentage Complete

Work in process units, March 119080%

Units started into production1,380

Work in process units, March 3130040%

Cost DataBicycles

Work in process units, March 1$19,070

Direct materials49,680

Direct labor25,900

Manufacturing overhead29,810

Production DataTricycles

Units

Percentage Complete

Work in process units, March 114075%

Units started into production990

Work in process units, March 316025%

Cost DataTricycles

Work in process units, March 1$6,460

Direct materials30,690

Direct labor14,300

Manufacturing overhead20,000

(a1)

Calculate the equivalent units of production for materials and conversion costs for both the bicycles and the tricycles.

Materials

Conversion Costs

Equivalent Units of bicycles

Equivalent Units of tricycles