Thakin 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 two products in two different manufacturing plants are as follows.

Cutting Departments Plant 1 Plant 2 Production Data- July T12 -Tables C10 - Charis Work in Process units, July 1 0 0 Units started into production 20,000 18,000 Work in Process units, July 31 3,000 500 Work in Process percent complete 60 80 Cost Data - July Work in Process, July 1 $0 $0 Materials 380,000 288,000 Labor 234,400 110,000 Overhead 104,000 104,800 Total $718,400 $502,800

For each plant show the assignment of cost to units transferred out and in the process:

T12 Tables Cost accounted for: Transferred out $ ???? Work In Process Materials $ ????? Conversion Cost ????? ?????? Total Cost $ ??????

C10 Chairs ost accounted for: Transferred out $???? Work In Process Materials $ ???? Conversion Cost ??????? ??????? Total Cost $ ?????

Prepare the production cost report for Plant 1 for July 2017.

Thankin Industries Inc. Cutting Department - Plant 1 Production Cost Report For Month ended July 31, 2017 Equivalent Units Quanities Physical Units Materials Conversion Cost Units to be accounted for: Work in Progress, July 1 ??????? Started Production ????? Total Units ?????? Units to be accounted for: Transferred Out ????? ?????? ??????? Work in Progress, July 31 ????? ?????? ?????? Total Units ????? ??????? ?????? Cost Materials Conversion Cost Totals Unit Cost: Total Cost $ ???? $ ???? $ ????? Equivalent Units ???? ???? | Unit Costs $ ???? $ ???? $ ??? Cost to be accounted for: Work in Process, July 1 $ ??? Started into Production ???? Total Cost $ ??? Cost Reconciliation Schedule Cost accounted for: Transferred out $??? Work in Process, July 31 Materials $ ?????? Conversion Cost ?????? ????? Total Cost $ ????

PLEASE ANSWER ALL OF QUESTION NOT JUST PART OF IT