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Problem 21-7A a1-a3, b (Part Level Submission) Swifty Company manufactures bicycles and tricycles. For both products, are incurred uniformly. Swifty Company uses the FIFO method

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Problem 21-7A a1-a3, b (Part Level Submission) Swifty Company manufactures bicycles and tricycles. For both products, are incurred uniformly. Swifty Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows materials are added at the beginning of the production process, and conversion costs Production Data-Bicycles Units Complete Work in process units, March 1 Units started into production Work in process units, March 31 190 1,350 310 80% 40% Cost Data-Bicycles Work in process units, March 1 Direct materials Direct labor Manufacturing overhead $19,430 49,950 26,400 30,094 Percentage Complete Units Production Data-Tricycles 140 75 % Work in process units, Units started into production Work in process units, March 31 25 % Cost Data-Tricycles Work in process units, March 1 Direct materials Direct labor Manufacturing overhead $6,220 30,690 14,300 20,980 (a1) Your answer is correct. Calculate the equivalent units of production for materials and conversion costs for Materials Conversion Costs 1,202 Equivalent Units of bicycles Equivalent Units of tricycles 990 980 Click if you would like to Show Work for this question: Open Show Work 1,350 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your Calculate the unit costs of production for materials and conversion costs for both the bicycles and the tricycles. Materials Conversion Costs Unit costs of bicycles Unit costs of tricycles Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by Attempts: 0 of 15 used

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