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 19,760 3,120 60 16,640 520 80 $0 Cost Data-July Work in process, July 1 Materials Labor Overhead Total $0 395,200 243,568 108,160 5746,928 299,520 114,400 100,568 $514,488 (a) your answer is partially correct. Try again. For each plant: (1) Compute the physical units of production. T12 Tables Units to be accounted for 16640 C10 Chairs 16120 Material (2) Compute equivalent units of production for materials and for conversion costs. Conversion Costs T12 Tables 1872 C10 Chairs (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 20 Unit costs-C10 Chairs 18 (4) Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out 652080 Work in process Materials 6 2400) Conversion costs 40560 102960 Total costs 549120 C10 Chairs Costs accounted for: Transferred out 416000 Work in process Materials 9360 Conversion costs 3640 13000 Total costs 403000