Montreal Company has gathered the following information.

Production and Manufacturing Costs

Equivalent Units and Cost Information		Cost & Completion %
Units in beginning work in process		5,000
Units started into production		75,000
Units in ending work in process		15,000
Percent complete for conversion costs in ending work in process		25%
Costs incurred:
Direct materials		$160,000
Direct labor		$105,000
Overhead		$204,375

Materials are added at the beginning of the process, meaning 100% of the materials are allocated to Ending Work in Process.

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

• For units, they MUST be typed as a whole number, meaning it should NOT include any fractions or decimals. For example, if you answer is 100 units, you MUST type 100.

Responses - Equivalent Units

	Materials	Conversion Costs
The Equivalent Units of Production

Determine the unit costs of production.

• Round unit costs to 2 decimal places, e.g. 2.25.
• When typing your responses, do NOT include a dollar sign.

Responses - Unit Costs

	Materials	Conversion Costs
Unit Costs	$	$

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

• Round your answer to 0 decimal places, e.g. 10,000.
• When typing your responses, do NOT include a dollar sign.

Responses - Manufacturing Costs

Transferred Out	$
Ending Work in Process	$