Problem 21-7A a1-a3, b (Part Level Submission)

Bonita Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Bonita Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows.

Production DataBicycles		Units		Percentage Complete
Work in process units, March 1		200		80	%
Units started into production		1,310
Work in process units, March 31		290		40	%

Cost DataBicycles
Work in process units, March 1		$19,030
Direct materials		49,780
Direct labor		26,200
Manufacturing overhead		30,248

Production DataTricycles		Units		Percentage Complete
Work in process units, March 1		140		75	%
Units started into production		1,000
Work in process units, March 31		60		25	%

Cost DataTricycles
Work in process units, March 1		$6,190
Direct materials		30,000
Direct labor		14,100
Manufacturing overhead		19,560

(a1)

Calculate the equivalent units of production for materials and conversion costs for both the bicycles and the tricycles.

		Materials		Conversion Costs
Equivalent Units of bicycles
Equivalent Units of tricycles