Page 4, chp21 ACC272 Problem 5 units transferred out 50,000, and ending work in CAT Inc has the following production data for May: process 8,000 units that are 100% complete for materials and 30% complete for materials cost is $3 and unit conversion cost is $8. conversion costs. If unit a) Determine the costs to be assigned to the units transferred out and the units in ending work in process Problem 6 Production Costs chargeable to the Finished Dept. in June in LS Manufacturing are materials $60k, labor s29,500, and overhead $11k. Equivalent units of production are materials 30,000 and conversion costs 27,000. Production records indicate that 25,000 units were transferred out, and 5,000 units in ending work in process were 40% complete as to conversion costs and 100% complete as to materials. a) b) Compute the unit costs for materials and conversion costs Prepare a cost reconciliation schedule