Owen Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly, Owen Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows. Production Data-Bicycles Work in process units, March 1 Units started into production Work in process units, March 31 Units 210 1,390 310 Complete 80% 40% Cost Data-Bicycles Work in process units, March 1 Direct materials Direct labor Manufacturing overhead $19,080 50,040 26,500 29,570 Production Data-Tricycles Work in process units, March 1 Units started into production Work in process units, March 31 Units 120 1,000 60 Complete 75% 25 % Cost Data-Tricycles Work in process units, March 1 $6,420 30,000 14,100 19,390 Direct materials Direct labor Calculate the assignment of costs to units transferred out and in process at the end of the accounting period for both the bicycles and the tricycles. Bicycles Costs accounted for: Transferred out 110,101 Work in process, March 31 Materials 38.2569 Conversion costs 81.1239 42.8670 Total costs 125,190 Tricycles Costs accounted for: Transferred out Work in process, March 31 Materials Conversion costs Total costs