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Problem 16-3A (Part Level Submission) Thakin Industries Inc. manufactures dorm furniture in soparate processes. In each process, materials are entered at the beginning, and conversion
Problem 16-3A (Part Level Submission) Thakin Industries Inc. manufactures dorm furniture in soparate 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 folows. Plant 1 T12-Tables Plant 2 C10-Chalrs Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 23,000 3,450 60 18.400 575 80 Cost Data-July Work in process, July 1 $0 37,000 269,560 119,600 $826,160 50 331,200 126,500 120,520 $578.220 Overhend Total YOur answer is correct. For each plant compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for 18400 Click it you would like to Show Work for this question: Open Show Work (a2) ] Your answer is correct. For each plant compute equivalent units of production for materials and for conversion costs Materials Conversion Costs T12 Tables 23000 21620 C10 Chairs 18400 18285 Click if you would like to Show Work for this question: Open Show Work y (a3) For each plant determine the unit costs of production. (Round unit costs to 2 decimal places, eg. 5.25.) | Materials Conversion CostsTotal Costs Unit costs-T12 Tables Unit costs-C10 Chairs Click if you would like to Show Work for this question: Open Show Work
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