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Use the following to answer questions 16-17: Poon Company makes 3 different widgets Basic, Regular and Deluxe The only difference in the three products are

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Use the following to answer questions 16-17: Poon Company makes 3 different widgets Basic, Regular and Deluxe The only difference in the three products are the materials. There are 2 production departments: Assembly and Special Packing. Basic widgets are complete after the assembly and move directly to finished goods Regular and Deluxe, however, move from Assembly to Special Packing and then to finished goods The following data is available for the current month Basic Regular Deluxe Total Units manufactured 60,000 30,000 10,000 100,000 Materials used: 480,000 1,200,000 $60,000 2,240,000 Conversion Costs by department) Assembly Special Packing $2,880,000 $ 980,000 $3,860,000 16. Calculate the cost per unit transferred to finished goods inventory for each of the three products: BASIC REGULAR DELUXE 17. Compute the cost of goods manufactured for the period

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