*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. Plant 2 C10-Chairs Plant 1 T12-Tables 0 20,600 3,090 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 16,480 515 80 60 Cost Data-July Work in process, July 1 Materials Labor Overhead $0 391,400 241,432 107,120 $739,952 $0 296,640 113,300 107,944 $517,884 Total *(a1) Your answer is correct. For each plant compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for 120600 16480 Attempts: 1 of 3 used *(a2) For each plant compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs Tables T12 Tables 20600 16.92 C10 Chairs 16480 (241,432 +107, so) - 20,600 (113,300 + 107944) 16480 - (13.43 20,600 X 60% 12, 360 600 x 100% 20,600 20