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i need help with the rest please Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning,

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Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete Cutting Department Plant 1 Plant 2 T12-Tables C10-Chairs 0 0 20,000 18,000 3,000 500 60 80 Cost Data - July Work in process, July 1 Materials Labor Overhead Total $0 380,000 234,400 104.000 $718.400 $0 288,000 110,000 104,800 $502.800 Question 1 of 2 1. Cost Data-July Work in process, July 1 Materials Labor Overhead Total $0 380,000 234.400 104,000 $718.400 $0 288,000 110,000 104,800 $502,800 Part 1 Your answer is correct For each plant compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for 20000 18000 e Textbook and Media Part 2 Your answer is correct. For each plant compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables 20000 18800 C10 Chairs 18000 17900 e Textbook and Media Part 3 For each plant determine the unit costs of production (Round unit costs to 2 decimal places, eg. 5.25.) Materials Conversion Costs Total Costs Unit costs-T12 Tables $ $ Unit costs-C10 Chairs $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Part 4 Part 4 For each plant show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out Work in process Materials $ Conversion costs Total costs C10 Chairs Costs accounted for: Transferred out Work in process Materials C10 Chairs Costs accounted for: $ Transferred out Work in process Materials $ Conversion costs Total costs e Textbook and Media Save for Later Attempts: 0 of 3 us Prepare the production cost report for Plant 1 for July 2017 THAKIN INDUSTRIES INC. Cutting Department-Plant 1 Production Cost Report For the Month Ended July 31, 2017 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, July 1 Started into production Total units Units accounted for Transferred out Work in Total units Units accounted for Transferred out Work in process, July 31 Total units Costs Unit costs Materials Conversion Costs $ $ $ Total Costs Equivalent units Unit costs $ Costs to be Question 1 of 2 1.6/4 = Costs to be accounted for Work in process, July 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July $ 31 Materials Conversion costs Question 1 of 2 1.6/4 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 $ Materials Conversion costs Total costs $ e Textbook and Media Save for later Attempts: 0 of 3 used Cu

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