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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
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 1,560 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 41,700; ending inventory of 6,500 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,400 of materials and $13,751 of conversion costs; materials costs added in Polishing during the month, $192,007; labor and overhead applied in Polishing during the month, $126,400 and $258,640, respectively. (a) Your answer is correct. materials and conversion costs for the month of Materials Conversion Costs The equivalent units of production 43260 37410 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: APPLIED SKILLS Attempts: 1 of 15 used Compute the unit costs for materials and conversion costs for the month. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs
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