Vaughn Company manufactures bicycles and tricycles. For both products, materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Vaughn Company uses the FIFO method to compute equivalent units. Production and cost data for the month of March are as follows.

Production DataBicycles		Units		Percentage Complete
Work in process units, March 1		210		80	%
Units started into production		1,440
Work in process units, March 31		310		40	%

Cost DataBicycles
Work in process units, March 1		$19,240
Direct materials		48,960
Direct labor		25,900
Manufacturing overhead		29,828

Production DataTricycles		Units		Percentage Complete
Work in process units, March 1		160		75	%
Units started into production		990
Work in process units, March 31		60		25	%

Cost DataTricycles
Work in process units, March 1		$6,400
Direct materials		29,700
Direct labor		14,500
Manufacturing overhead		19,975

Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion costs Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places,e.g. 1,225.) Cost Reconciliation Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs Click if you would like to Show Work for this question: Open Show Work Calculate the equivalent units of production for materials and conversion costs for both the bicycles and the tricycles. (Round answers to O decimal places, e.g. 2,520.) Materials Conversion Costs Equivalent Units of bicycles Equivalent Units of tricycles XYour answer is incorrect. Try again. Calculate the unit costs of production for materials and conversion costs for both the bicycles and the tricycles. (Round unit costs to 3 decimal places, e.g. 25.215.) Materials Conversion Costs Unit costs of bicycles Unit costs of tricycles Your answer is incorrect. Try again. Calculate the assignment of costs to units transferred out and in process at the end of the accounting period for both the bicycles and the tricycles. (Round answers to o decimal places, e.g. 2,520 Calculate the assignment of costs to units transferred out and in process at the end of the accounting period for both the bicycles and the tricycles. (Round answers to 0 decimal places, e.g. 2,520.) Costs accounted for: Transferred out Work in process, March 1 Materials Conversion costs Total costs Tricycles Costs accounted for: Transferred out Work in process, March 1 Materials Conversion costs Total costs Your answer is partially correct. Iry again. Prepare a production cost report for the month of March for the bicycles only. (Round unit costs to 3 decimal places, e.g. 25.123 and all other answers to 0 decimal places, e.g. 2,520.) OWEN COMPANY Production Cost Report-Bicycles For the Month Ended March 31 Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for Completed and transferred out Work in process, March 1 Started and completed Work in process, March 31 Total units Conversion Costs Costs Materials Total Costs in March Equivalent units Unit costs Costs to be accounted for Work in process, March 1 Started into production Total costs Cost Reconciliation Schedule Transferred out Work in process, March 1 Conversion costs to complete beginning inventory Started and completed Work in process, March 31 Materials Conversion costs Total costs