Exercise 116-1 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: 20,160 245,840 24,330 Conversioncosts 60 % Materials 100 % Costs incurred Direct materials Direct labor Overhead $106,400 $351,713 $186,450 Your answer is correct. Compute equivalent units of production for materials and for conversion costs Materials Conversion Costs The equivalent units of production 266000 256268 LINK TO TEXT VIDEO: APPLIED SKILLS