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Exercise 16-11 The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials 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. Materials are entered at the beginning of the process. od on: Beginning inventory 1,650 units that are 100% complete as o materials and 30% complete as o conversion costs; units started dunng the period are 45,100: ending nventory o 6,400 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $21,700 of materials and $46,895 of conversion costs; materials costs added in Polishing during the month, $229,815; labor and overhead applied in Polishing during the month, $125,900 and $259,240, respectivey. Compute the equivalent units of production for materials and conversion costs for the month of September. Materials Conversion Costs The equivalent units of production compute the unit costs for materials and conversion costs for the month (Round unit costs to 2 decimal places, e-2.25.) Materials Conversion Costs Unit costs Determine the costs to be assigned to the units transferred out and in process. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225) Transferred out Ending work in process Click if you would like to Show Work for this question: s Open Show Work Question Attempts: Unlimited
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