Prepare a schedule that shows how the equivalent units were computed so that you can complete the Quantities: Units accounted for equivalent units section shown in the production cost report, and compute October unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.)

HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31

Equivalent Units

- Quantities Physical

- Units Materials

- Conversion Costs

Units to be accounted for

Work in process, October 1 (all materials, 70% conversion costs) 24,800

Started into production 186,000

Total units 210,800

Units accounted for

- Transferred out 148,800

- Work in process, October 31 (60% materials, 40% conversion costs) 62,000

- Total units accounted for 210,800

Costs

- Materials

- Conversion Costs

- Total

Unit costs

- Total Costs $297,600 $130,200 $427,800

Equivalent units

Unit costs $ $ $

Costs to be accounted for

- Work in process, October 1 $37,200

- Started into production 390,600

- Total costs $427,800