Current Attemptin Pro The Sanding Department of Kaiden Company has the following production and cost data for November Production 1. Started and completed 8,800 units. 2. Started 2.800 units that are 70% completed at November 30. Costs Beginning work in process Materials Labor Manufacturing Overhead $-0- 57,420 118,360 43,040 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Kaiden Company uses the FIFO method to compute equivalent units. (a) Your answer is correct Determine the equivalent units of production for materials and conversion costs. Equivalent Units Materials 11600 Conversion costs 10760 eTextbook and Media Attempts: 1 of 5 used (b) Your answer is correct. Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round answers to 2 decimal places, es. 15.25.) Material costs $ 495 Conversion costs $ 15 Total unit costs $ 19.95 Kalden Company Cost Reconciliation Schedule Costs accounted for: Transferred out Work in process, November 30th Materials $ 13860 175560 Conversion costs 29400 43260 Total costs $ 218820 e Textbook and Media Attempts: 1 of 5 used Your answer is incorrect Assume that beginning work in process consists of 1,000 units valued at $10,676 ($5,100 are materials). The units are 40% complete as to conversion costs. Materials costs are unchanged, labor costs are $135.124 and manufacturing overhead costs are $45.500 Determine the equivalent units of production for materials and conversion costs. Equivalent Units Materials Conversion costs Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round unit costs to 2 decimal places, eg. 15.25 and final answers to decimal places, e3. 125) Material costs $ Conversion costs $ Total unit costs $ Kaiden Company Cost Reconciliation Schedule Costs accounted for Work in process, November 1st Materials Conversion Costs Transferred out Work in process, November 30th Materials $ Conversion Costs Total costs