Martinez Manufacturing has gathered the following information.

1.Units in beginning work in process -0-

2.Units started into production 40,000

3.Units in ending work in process 6,000

4.% complete in ending work in process:

1.Conversion costs 40%

2.Materials 100%

5.Costs incurred:

1.Direct materials $72,000

2.Direct labor $81,000

3.Overhead $101,000

Requirements:

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

b)Determine the unit costs of production.

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