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Marigold Company has gathered the following information. Units in beginning work in process inventory 0 Units started into production 50,760 Units in ending work in

Marigold Company has gathered the following information.

Units in beginning work in process inventory 0
Units started into production 50,760
Units in ending work in process inventory 9,400
Percent complete for conversion costs in ending work in process inventory 60%
Costs incurred:
Direct materials $ 152,280
Direct labor $ 88,360
Overhead $123,140

(a)

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Compute equivalent units of production for materials and for conversion costs.

Materials

enter a number of units

Conversion cost

enter a number of units

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(b)

Determine the unit costs of production. (Round answers to 2 decimal places, e.g. 52.75.)

Material cost

$enter a dollar amount per unit rounded to 2 decimal places per unit

Conversion cost

$enter a dollar amount per unit rounded to 2 decimal places per unit

eTextbook and Media

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