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Problem 16-3A Thalen Industries Inc. manufactures dorm fumiture in parte processes the process, materials are entered at the beginning and conversion costs are incurred uniformly Production and cost data for the first process in making Cutting Department T2-Tables Co-Chairs Production DateJuly work in process , 1 Units started into productie Work in process units, July 31 Work in process percent complete 22.000 17,600 550 Cost Dately Work in process, July 1 Materials Labor 418.000 257,840 114,000 316,800 121.000 115.20 $551.NO Kimmel, Accounting, 6e lice Assignment Gradebook ORION Downloadable eTextbook ment Your answer is correct. For each plant compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for 220001 17600 LINK TO TEXT Your answer is partially correct. Try again. For each plant compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables 22000 20868 c10 Chairs 17600 17649 LINK TO TEXT Be Practice Assignment Gradebook ORION Downloadable eTextbook ssignment DES T12 Tables Costs accounted for: Transferred out 698190 Work in process Materials 1980 dy. Conversion costs Total costs 790240 C10 Chairs Costs accounted for: Transferred out Work in process Materials 734800 Conversion costs Total costs 553080 Prepare the production cost report for Plant 1 for July 2017. THAKIN INDUSTRIES INC. Cutting Department-Plant 1 Production Cost Report For the Month Ended July 31, 2017 Equivalent Units Physical Conversion Units Materials Costs Quantities Units to be accounted for Work in process, July 1 Started into production 22000 Total units 22000 Units accounted for Transferred out Work in process, July 31 Total units Costs Materials Conversion Costs Total Unit costs Total Costs 418000 Equivalent units 22000 Unit costs 19.00 18.00 37.00 Costs to be accounted for Work in process, July 1 Started into production 790240 Total costs 790240 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 Materials Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs 790240 Click if you would like to Show Work for this question: Open Show Work