Problem 16-3A (Part Level Submission)

Thakin Industries Inc. manufactures dorm furniture in separate processes. 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

Production DataJuly

Plant 1

T12-Tables

Plant 2

C10-Chairs

Work in process units, July 1 0 0

Units started into production 24,000 19,200

Work in process units, July 31 3,600 600

Work in process percent complete 60 80

Cost DataJuly

Work in process, July 1

$0 $0

Materials

456,000 345,600

Labor

281,280 132,000

Overhead

124,800 125,760

Total

$862,080 $603,360

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(a1)

Correct answer. Your answer is correct.

For each plant compute the physical units of production.

T12 Tables

C10 Chairs

Units to be accounted for

Entry field with correct answer

24000

Entry field with correct answer

19200

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(a2)

For each plant compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

T12 Tables

C10 Chairs