Managerial accounting problem.

I don't get it.

Owen Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Owen Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows. Percentage Complete 80% Production Data-Bicycles Work in process units, March 1 Units started into production Work in process units, March 31 Units 200 1.000 300 40% Cost Data-Bicycles Work in process units, March 1 $19.280 Direct materials 50,000 Direct labor 25.900 Manufacturing overhead 30.000 Percentage Complete 75% Production Data-Tricycles Work in process units, March 1 Units started into production Work in process units, March 31 Units 100 1.000 60 25 % Cost Data-Tricycles Work in process units, March 1 $6,125 Direct materials 30,000 Direct labor 14.300 Manufacturing overhead 20,000 X Your answer is incorrect. Calculate the equivalent units of production for materials and conversion costs for both the bicycles and the tricycles. (Round answers to decimal places, eg 2,520) Materials Conversion Costs 1132 Equivalent Units of bicycles 1270 Equivalent Units of tricycles 975 e Textbook and Media x Your answer is incorrect. Calculate the unit costs of production for materials and conversion costs for both the bicycles and the tricycles. (Round unit costs to 3 decimal places, eg, 25.215.) Materials Conversion Costs Unit costs of bicycles 39.685 49.470 Unit costs of tricycles 30.606 34.030 e Textbook and Media X Your answer is incorrect. Calculate the assignment of costs to units transferred out and in process at the end of the accounting period for both the bicycles and the tricycles (Round answers to decimal places, es 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 esta 12 and the depos 2501 Prema procent report for the month of March for the o t her OWEN COMPANY Production Cost Report-Boyles For the Month Ended March 31 Materials Quantitat Veils to counted for Work in proces, March 1 Completed and transferred out Work in process, March 1 Started and completed Work in proces, Mechan Cuba Coin March $ S Costs to be corredor Work in proces, March 1 Started into production Total Labs Cost Reconciliation Schedule Work in process March 1 Conversions to the beginnin Started and completed Work in March 31 Materials Contention couts Total costs