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921-5A Chen Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data

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921-5A Chen Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2008 are as follows. bly Department. Determine equivalent units and unit costs and assign costs, ISO 5, 6, 7) M Units 1500 1.000 600 Percent Complete 60% 30% Production Data-Basketballs Work in process units, July 1 Units started into production Work in process units, July 31 Cost Data-Basketballs Work in process, July 1 Materials $750 Conversion costs 600 Direct materials Direct labor Manufacturing overhead Tora $1,350 2,400 1,580 1,060 Instructions (a) Calculate the following. (1) The equivalent units of production for materials and conversion. (2) The unit costs of production for materials and conversion costs. (3) The assignment of costs to units transferred out and in process at the end of the ac- counting period. 6) Prepare a production cost report for the month of July for the basketballs. Emmandman. wwwdent units and

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