Overton Company has gathered the following information. Units in beginning work in process 20,460 Units started into production 241,040 Units in ending work in process 24,250 Percent complete in ending work in process: Conversion costs 60 % Materials 100 % Costs incurred: Direct materials $104,600 Direct labor $367,450 Overhead $186,510.

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

		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.)

		Materials		Conversion Costs
Unit costs

Show the assignment of costs to units transferred out and in process. (Round answers to 0 decimal places, e.g. 1,225.)

Transferred out		$
Ending work in process