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Show Attempt History Current Attempt in Progress Coronado Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning,

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Show Attempt History Current Attempt in Progress Coronado Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department T12-Tables 0 Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 24,000 3,600 60 Cost Data-July Work in process, July 1 Materials Labor Overhead Total $0 456,000 281,280 124,800 $862,080 (a1) Your answer is correct. Compute the physical units of production. T12 Tables Units to be accounted for 24000 e Textbook and Media Attempts: 1 of 3 used (a2) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables 24000 22560 eTextbook and Media Attempts: 2 of 3 used Your Answer Correct Answer X Your answer is incorrect. Determine the unit costs of production. Materials Conversion Costs Total Costs Unit costs-T12 Tables 17.43 15.52 32.95 e Textbook and Media Solution Attempts: 3 of 3 used (a4) Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out $ Work in process Materials Conversion costs Total costs ta e Textbook and Media

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