Thakin Industries Inc, manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incur uniformly, Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Cutting Department Plant 1 Plant 2 T12-Tables C10-Chairs Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 22,400 3,360 17,920 560 60 Cost Data-July Work in process, July 1 Materials Labor Overhead Total 425,600 262,528 116.480 $804,608 322,560 123,200 117,376 $563,136 (1) (a1) Your answer is correct. For each plant compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for 224001 17920 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT (a2) Your answer is correct. e to search o L . & ** N EW (a2) Your answer is correct. For each plant compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables T 22400 22400 21056 C10 Chairs 17920 17808 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT (a3) Your answer is correct. search (a3) Your answer is correct. For each plant determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 5.25.) Materials Conversion Costs Total Costs Unit costs-T12 Tables 37 Unit costs-C10 Chairs 3.51 31.51 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: ere to search (24) For each plant 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 C10 Chairs Costs accounted for: Transferred out Work in process Materials Total costs c10 Chairs Costs accounted for: Transferred out Work in process Materials Conversion costs Total costs Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT to search