Overton Company has gathered the following information.

Units in beginning work in process		20,100
Units started into production		185,900
Units in ending work in process		24,500
Percent complete in ending work in process:
Conversion costs		60	%
Materials		100	%
Costs incurred:
Direct materials		$ 103,000
Direct labor		$ 324,320
Overhead		$ 185,800

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

		Materials		Conversion Costs
The equivalent units of production

eTextbook and Media

Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)

		Materials		Conversion Costs
Unit costs		$		$

eTextbook and Media

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

Transferred out		$
Ending work in process		$