Create a production cost report

Question 1 Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2017 are as follows. Percent Units _Complete Production Data-Basketballs Work in process units, July1 Units started into production Work in process units, July 31 Cost Data-Basketballs Work in process, July 1 470 1,140 600 60% 40% Materials $730 Conversion costs Direct materials Direct labor Manufacturing overhead 560 $1,290 2,090 1,590 1,290 (al) Your answer is correct. Calculate the equivalent units of production for materials and conversion costs. Materials Conversion Costs Equivalent Units 1610 1250 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 2 of 3 used