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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
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 Plant 1 T12-Tables Plant2 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 0 21,600 3,240 60 0 17,280 540 80 Cost Data-July Work in process, July 1 Materials Labor Overhead 410,400 253,152 112,320 $775,872 311,040 118,800 113,184 $543,024 Total (a1) Your answer is correct. For each plant compute the physical units of production. T12 Tables C10 Chairs 17280 Units to be accounted for 21600 Click if you would like to Show Work for this question: Open Show Work
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