E21.6 (LO 3, 4) The Cutting Department of Cassel Company has the following production and cost data for July. Production 1. Transferred out 12,000 units. 2. Started 3,000 units that are 60% complete as to conversion costs and 100% complete as Costs Beginning work in process Materials $ -0- 45,000 Labor 16,200 Manufacturing overhead 18,300 Exercises 21-35 Determine equivalent units, unit costs, and assignment of costs. to materials at July 31. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Instructions a. Determine the equivalent units of production for (1) materials and (2) conversion costs. b. Compute unit costs and prepare a cost reconciliation schedule. E21.7 (LO 3, 4) The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 7,000 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $33,000; labor $21,000; and overhead $36,000. Instructions Prepare a production cost report. E21.8 (LO 3, 4) The Blending Department of Luongo Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete Conversion costs: 20% complete Cost of work in process, April 1 Costs incurred during production in April Direct materials Conversion costs Costs incurred in April $100,000 70,000 $170,000 $ 800,000 365,000 $1,165,000 Units transferred out totaled 17,000. Ending work in process was 1,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions a. Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April. b. Compute the unit costs for the month. c. Determine the costs to be assigned to the units transferred out and in ending work in process. Prepare a production cost report. Excel Determine equivalent units, unit costs, and assignment of costs.