Production

Costs

Completed and transferred out $13,680$ units.

Beginning work in process

$$0$

$3,420$ units in ending working in process are $60\%$

Direct materials

$85,500$

complete as to conversion costs and $100\%$ complete as to materials at July $31.$

$\backslash$table$[[$Direct labor,$18,468],[$Manufacturing overhead,$20,862]]$

Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.

Determine the equivalent units of production for $(1)$ materials and $(2)$ conversion costs.

Compute unit costs. $($Round unit costs to $2$ decimal places, eg$.2\mathrm{.}25.)$

Materials

Conversion costs

eTextbook and Media

Prepare a cost reconciliation schedule. $($Round unit costs to $2$ decimal places, es$.2\mathrm{.}25$ and final answers to $0$ decimal places, eg$.1,225.)$

Cost Reconciliation

Costs accounted for

Completed and Transferred out

Work in process, July $31$

Materials

Conversion costs