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The Sanding Department of Oriole Company has the following production and cost data for November. Materials are entered at the beginning of the process. Conversion

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The Sanding Department of Oriole Company has the following production and cost data for November. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Oriole Company. uses the FIFO method to compute equivalent units. (a) Your answer is correct. Determine the equivalent units of production for materials and comversion costs Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round answers to 2 decimal places, e.g. 15.25.) Assume that beginning work in process consists of 900 units valued at $10,178($5,200 are materials). The units are 40% complete as to conversion costs. Materials costs are unchanged, labor costs are $95,601 and manufacturing overhead costs are $50,300. Determine the equivalent units of production for materials and conversion costs. Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round unit costs to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.) Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round unit costs to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)

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