Harris Furniture Company manufactures living room furniture through two departments: Framing and Upholstering. Materials are

entered at the beginning of each process. For May, the following cost data are obtained from the two work in process accounts.

Answer the following questions.

If $3,000$ sofas were started into production on May $1$ and $2,500$ sofas were transferred to Upholstering, what was the unit cost of

materials for May in the Framing Department?

Unit cost of materials for May $

eTextbook and Media

Using the data in $($a$)$ above, what was the per unit conversion cost of the sofas transferred to Upholstering?

Conversion cost per unit

$

per unit

eTextbook and Media

Continuing the assumptions in $($a$)$ above, what is the percentage of completion of the units in process at May $31$ in the Framing

Department? Calculate the unit costs of production for materials and conversion costs. $($Round unit costs to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

Conversion Costs

Cost per unit

$

$,$

eTextbook and Media

Calculate the assignment of costs to units transferred out and in process at the end of the accounting period.

Costs accounted for:

Transferred out

Work in process, July $31$

Materials

Conversion costs

Total costs

$

$

$

eTextbook and Media Prepare a production cost report for the month of July for the basketballs. $($Round unit costs to $2$ decimal places, e$.$g$.2\mathrm{.}25$ and all

other answers to $0$ decimal places, e$.$g$.2,250.)$

Units to be

accounted for

Work in

process, July $1$

Started into

production

Total units

Units

accounted for

Transferred

out

Work in

process, July

$31$

Total units Jnit costs

Total costs

Equivalent

$$nits

Unit costs

Zosts to be

accounted for

Work in

Jrocess, July $1$

Started into

roduction

Total costs

$

$

$

$

$

$-$

$

$

$

Zost

Reconciliation

ichedule

$-$osts

accounted for

Transferred

out

Work in

Jrocess, July

$31$

Materials

$

Conversion

:osts

Total costs