Instructions

(b)

Determine the unit costs of production.

(c)	Show the assignment of costs to units transferred out and in process.

Exercise 17-10 (Part Level Submission) Overton Company has gathered the following information Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 21,020 243,480 24,910 Conversion costs Materials 60 % 100 % Costs incurred: Direct materials Direct labor Overhead $105,800 S347,216 $187,310 Compute equivalent units of production for materials and for conversion costs. aterial onversion Costs The equivalent units of production