Exercise 16-11 (Part Level Submission)

The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,860 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 45,100; ending inventory of 5,700 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,800 of materials and $42,944 of conversion costs; materials costs added in Polishing during the month, $226,210; labor and overhead applied in Polishing during the month, $125,900 and $258,240, respectively.

B) Compute the unit costs for materials and conversion costs for the month.

MATERIAL UNIT COSTS = $5.26

CONVERSION UNIT COSTS = ? $9.18 IS WRONG