Questions:

1. Compute the equivalent units of production for materials and conversion costs for the month of September.

The equivalent units of production	Materials:	Conversion Costs:
	?	?

2. Compute the unit costs for materials and conversion costs for the month. (round unit costs to 2 decimals places)

Unit Costs	Materials:	Conversion Costs:
	?	?

3. Determine the costs to be assigned to the units transferred out and in process. (round unit costs to 2 decimal places)

Transferred out:	$ ?
Ending work in process	$ ?

Exercise 16-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process Production: Beginning inventory 1,630 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 45,500; ending inventory of 6,900 units 10% complete as to conversion costs Manufacturing costs: Beginning inventory costs, comprised of $21,400 of materials and $48,694 of conversion costs; materials costs added in Polishing during the month, $236,872; labor and overhead applied in Polishing during the month, $126,100 and $258,140, respectively