Print by: Erica Burkett AC202:AC202DLU1A2020 Principles of Managerial Account in / AC202 - Chapter 16 Assignment *Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,730 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 46,900; ending inventory of 7,700 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $22,100 of materials and $38,332 of conversion costs; materials costs added in Polishing during the month, $220,077; labor and overhead applied in Polishing during the month, $127,100 and $258,240, respectively. *(a) Your answer is correct. Compute the equivalent units of production for materials and conversion costs for the month of September Materials Conversion Costs The equivalent units of production 48630 41700 Attempts: 3 of 3 used *(b) Your answer is correct. Compute the unit costs for materials and conversion costs for the month. (Round unit costs to decimal places, e.g. 2.25.) Materials Conversion Costs 38,346 Unit costs 4.98 $10.16 7,700 x 4.98 770 x 10.16 7,823.25 46, 169.00 *C) Determine the costs to be assigned to the units transferred out and in process. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) Transferred out 1736,258. 20 148630 x 4.98 = 242, 177.40 $ Ending work in process s 46,169.200 10.16