Current Attempt in Progress Following is information about the assembly department of a company: 1. There were 200,000 units in work in process inventory on August 1. With respect to units transferred in, 100% were complete and costs incurred amounted to $134,800. With respect to conversion, 85% of the units were complete and costs incurred amounted to $51,600. 486,900 units were transferred in from the cutting department during August. 2. 3. 594,500 units were completed during August and transferred to the finished goods inventory. 4. 5. During August, costs incurred were as follows: $490,279 for units transferred in from cutting. $124,845 for direct materials used, and $146,154 for conversion costs. There are 92,400 units in work in process inventory on August 31. With respect to the units transferred in, 100% are complete and 70% are complete with respect to conversion. Question 11 of 14 Units to be accounted for Work in process inventory, Aug. 1 Units transferred in Units accounted for Transferred out Work in process inventory. Aug. 31 Costs in August Equivalent units Unit cost Costs to be accounted for Work in process inventory, Aug 1 Started into production Costs to be accounted for Completed and transferred out Work in process inventory, Aug 31 Transferred in Conversion costs Total costs accounted for Transferred in 120 Direct Materials Question 11 of 14 Transferred in Direct Materials Conversion costs -/20