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Exercise 17-10 Overton Company has gathered the following information. 21,050 236,950 24,760 Units in beginning work in process Units started into production Units in ending
Exercise 17-10 Overton Company has gathered the following information. 21,050 236,950 24,760 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $103,200 $359,351 $186,460 x Your answer is incorrect. Try again. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production 282,760 T 272,856 LINK TO TEXT LINK TO TEXT X Your answer is incorrect. Try again. Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs Unit costs 0.36 2.00 LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. Show the assignment of costs to units transferred out and in process. (Round answers to 0 decimal places, e.g. 1,2251 Transferred out 550,446 Ending work in process 386,256 LINK TO TEXT LINK TO TEXT
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