If the average sales price per sprinkler unit did not increase when the company began mass-producing the special-order sprinkler, what would be the effect on the company?

Production DataBicycles		Units		Percent Complete
Work in process units, March 1		190		80	%
Units started into production		1,330
Work in process units, March 31		310		40	%

Cost DataBicycles		Units		Percent Complete
Work in process units, March 1		$19,350
Direct materials		49,930
Direct labor		25,140
Manufacturing overhead		30,000

Production DataTricycles		Units		Percent Complete
Work in process units, March 1		1,300		75	%
Units started into production		800
Work in process units, March 31		60		25	%

Cost DataTricycles		Units		Percent Complete
Work in process units, March 1		$6,270
Direct materials		30,260
Direct labor		15,350
Manufacturing overhead		19,730

Calculate the following for both the bicycles and the tricycles. (1) The equivalent units of production for materials and conversion costs.

		Materials		Conversion Costs
Equivalent Units of bicycles
Equivalent Units of tricycles

(2) The unit costs of production for materials and conversion costs. (Round unit costs to 3 decimal places, e.g. 25.215.)

		Materials		Conversion Costs
Unit costs of bicycles
Unit costs of tricycles

(3) The assignment of costs to units transferred out and in process at the end of the accounting period. (Round answers to 0 decimal places, e.g. 2,520.) Bicycles

Costs accounted for:
Transferred out		$
Work in process, March 1
Materials	$
Conversion costs
Total costs		$

Tricycles

Costs accounted for:
Transferred out		$
Work in process, March 1
Materials	$
Conversion costs
Total costs		$

Prepare a production cost report for the month of March for the bicycles only. (Round unit costs to 3 decimal places, e.g. 25.123 and all other answers to 0 decimal places, e.g. 2,520.)

Prepare a production cost report for the month of March for the bicycles only. (Round unit costs to 3 decimal places, e.g. 25.123 and all other answers to 0 decimal places, e.g. 2,520.)

RONDELI COMPANY Production Cost ReportBicycles For the Month Ended March 31
				Equivalent Units
Quantities		Physical Units		Materials		Conversion Costs
Units to be accounted for
Work in process, March 1
Started into production
Total units
Units accounted for
Completed and transferred out
Work in process, March 1
Started and completed
Work in process, March 31
Total units
Costs		Materials		Conversion Costs		Total
Unit costs
Costs in March		$		$		$
Equivalent units
Unit costs		$		$		$
Costs to be accounted for
Work in process, March 1				$
Started into production
Total costs				$
Cost Reconciliation Schedule
Costs accounted for
Transferred out
Work in process, March 1		$
Conversion costs to complete beginning inventory
Started and completed				$
Work in process, March 31
Materials		$
Conversion costs
Total costs				$