Overton Company has gathered the following information.

Units in beginning work in process	20,000
Units started into production	164,000
Units in ending work in process	24,000
Percent complete in ending work in process:
Conversion costs	60%?
Materials	100%?
Costs incurred:
Direct materials	$101,200
Direct labor	$164,800
Overhead	$184,000

Instructions

(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.