Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)

		Materials		Conversion Costs
Unit costs		$		$

Question 4 Overton Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 20,100 229,900 24,100 Conversion costs 60 % Materials 100 % Costs incurred: Direct materials Direct labor $100,000 $295,220 $185,500 Overhead (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production 250000 240360