Problem 16-3A (Part Level Submission) Seagren Industries Inc. manufactures in separate processes furniture for homes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Cutting Department Plant 1 plant 2 T12-Tables C10-Chairs Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 21.280 3,360 to 17,920 560 Cost Data-July Work in process, July 1 Materials Labor Overhead Total 425,600 262,304 116,400 $804,384 $0 322,560 123,200 108,304 5554,064 Your answer is partially correct. Try again. For each plant: (1) Compute the physical units of production. C10 Chairs 112 Tables 17920 Units to be accounted for 17.360 (2) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs 19936 19936 T12 Tables C10 Chairs 17,696 17,696 (3) Determine the unit costs of production. (Round unit costs to 0 decimal places, e.g. 25.) Materials Conversion Costs Total Costs Unit costs-T12 Tables 40 Unit costs-C10 Chairs (4) Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out 716,800 Work in process Materials 418656 Conversion costs 378784 797440 Total costs 1514240 C10 Chairs Costs accounted for: Transferred out 690800 Work in process Materials 414480 Conversion costs 362670 777150 Total costs 1467950