Sheridan Company manufactures hockey pucks and soccer balls. For both products, materials are added at the beginning of the production process and conversion costs are incurred evenly. Sheridan uses the FIFO method to calculate equivalent units of production. Production and cost data for the Assembly Department for August are as follows: Production Data-Hockey Pucks Work in process inventory units, August 1 Units started into production Work in process inventory units, August 31 Cost Data-Hockey Pucks Work in process inventory, August 1 Costs added during August Direct materials Direct labour Manufacturing overhead Units 400 1,700 600 $1,100 2,040. 1,160 940 Percent Complete as to Conversion Costs 70% 30%

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2. The unit production costs for materials and conversion costs 3. The assignment of costs to units completed and transferred out and to work in process inventory at the end of the accounting period Sheridan Company manufactures hockey pucks and soccer balls. For both products, materials are added at the beginning of the production process and conversion costs are incurred evenly. Sheridan uses the FIFO method to calculate equivalent units of production. Production and cost data for the Assembly Department for August are as follows: Production Data-Soccer Balls Work in process inventory units, August 1 300 90% Units started into production 2,320 Work in process inventory units, August 31 250 60% Cost Data-Soccer Balls Work in process inventory, August 1 $450 Costs added during August Direct materials 3,712 Direct labour 990 Manufacturing overhead 1,485 3. The assignment of costs to units completed and transferred out and to work in process inventory at the end of the accounting period Calculate the following for both the hockey pucks and the soccer balls: (Round answers to the nearest whole dollar, e.g. 5,275. Round per unit costs to the 3 decimal places, e.g. 15.253.) 1. The equivalent units of production for materials and conversion costs Production Data-Soccer Balls Work in process inventory units, August 1 300 90% Units started into production 2,320 Work in process inventory units, August 31 250 60% Cost Data-Soccer Balls Work in process inventory, August 1 $450 Costs added during August Direct materials 3,712 Direct labour 990 Manufacturing overhead 1,485