Exercise 3-10 (Part Level Submission)

Overton Company has gathered the following information.

Units in beginning work in process	21,550
Units started into production	180,450
Units in ending work in process	25,280
Percent complete in ending work in process:
Conversion costs	60	%
Materials	100	%
Costs incurred:
Direct materials	$101,000
Direct labor	$273,241
Overhead	$187,290

*(a)

	Your answer is correct.

Compute equivalent units of production for materials and for conversion costs.

Materials	Conversion Costs
The equivalent units of production	202000	191888

Attempts: 1 of 3 used

*(b) Determine the unit costs of production.(Round unit costs to 2 decimal places, e.g. 2.25.) Unit Costs for Materials = ? Unit Costs for Conversion Costs = ?