Question 5 of 6 0/3 = View Policies Show Attempt History Current Attempt in Progress Concord Company has gathered the following information. Units in beginning work in process 20,800 Units started into production 210,300 Units in ending work in process 24,200 Percent complete in ending work in process: Conversion costs 60 % Materials 100 % Costs incurred: Direct materials $103,995 Direct labor $422,805 Overhead $186,100 Your answer is incorrect. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Bonita Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the urethane, rubber, plastics, and other materials are molded into bowling balls. In the Packaging Department, the balls are placed in cartons and sent to the finished goods warehouse. All materials are entered at the beginning of each process. Labor and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the Molding Department during June 2020 are presented below. Production Data June Beginning work in process units 0 Units started into production 24,860 Ending work in process units 2.260 Percent complete-ending inventory 40 % Cost Data Materials $223,740 Labor 60,568 Overhead 127,464 Total $411,772 Your answer is correct. Prepare a schedule showing physical units of production. Physical units Units to be accounted for Work in process, June 1 0 Started into production 24860 Total units 11 24860 Units accounted for Transferred out 22600 Work in process, June 30 2260 Total units 24860 (b) X Your answer is incorrect. Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 248600 188936 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit