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Exercise 16-11 The Polishing Department of Major Company has the following production and manufacturing cost data for September. Mateials are entered at the beginning of
Exercise 16-11 The Polishing Department of Major Company has the following production and manufacturing cost data for September. Mateials are entered at the beginning of the process Production: Beginning inventory 1,600 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 42,900; ending inventory of 5,000 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $20,000 of materials and $43,180 of conversion costs; materials costs added in Polishing during the month, $175,800; labor and overhead applied in Polishing during the month, $125,680 and $257,140, respectively Your answer is partially correct. Try again. Compute the equivalent units of production for materials and conversion costs for the month of September. Materials Conversion Costs The equivalent units of production 40000 x Your answer is incorrect. Try again. 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 Unit costs
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