Problem 16-2 The Nesting Company manufactures birdhouses in a single manufacturing process. The following information has been provided by Nesting Company: 0 units 14,000 units 5,000 units Work in process inventory, Jan. 1 Units started in production Work in process inventory, Dec. 31 Production costs: Direct materials Direct labor Manufacturing overhead $38,500 $13,975 $8,600 The ending work in process was 100% complete with respect to direct materials and 35% complete with respect to conversion costs. Problem 16-2 [Physical Units] P Primary Secondary (transferred to) Finished Goods WIP - (units) Assembly WIP - (costs) Assembly E (Equivalent Units) DM C (Costs] U (Unit Costs] U (Unit Costs) A Assignment of Costs] - a FG (trans out) WIP