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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

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 Department

Production DataJuly

Plant 1 T12-Tables

Plant 2 C10-Chairs

Work in process units, July 1 0 0
Units started into production 24,400 19,520
Work in process units, July 31 3,660 610
Work in process percent complete 60 80

Cost DataJuly

Work in process, July 1

$0 $0

Materials

463,600 351,360

Labor

285,968 134,200

Overhead

126,880 127,856

Total

$876,448 $613,416

(a1)

Your answer is correct.
For each plant compute the physical units of production.

T12 Tables

C10 Chairs

Units to be accounted for

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(a2)

For each plant compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

T12 Tables

C10 Chairs

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