Overton Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead Your answer is partially correct. The equivalent units of production Unit costs $ Compute equivalent units of production for materials and for conversion costs. Materials eTextbook and Media * Your answer is incorrect. 21,800 209,300 25,600 Transferred out 60 % 100 % Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Ending work in process $ $103,995 $320,878 $187,100 Materials 231100 Show the assignment of costs to units transferred out and in process. Conversion Costs Conversion Costs
Overton Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead Your answer is partially correct. The equivalent units of production Unit costs $ Compute equivalent units of production for materials and for conversion costs. Materials eTextbook and Media * Your answer is incorrect. 21,800 209,300 25,600 Transferred out 60 % 100 % Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Ending work in process $ $103,995 $320,878 $187,100 Materials 231100 Show the assignment of costs to units transferred out and in process. Conversion Costs Conversion Costs
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
N10.

Transcribed Image Text:Overton Company has gathered the following information.
Units in beginning work in process
Units started into production
Units in ending work in process
Percent complete in ending work in process:
Conversion costs
Materials
Costs incurred:
Direct materials
Direct labor
Overhead
Your answer is partially correct.
The equivalent units of production
Unit costs
Compute equivalent units of production for materials and for conversion costs.
eTextbook and Media
Materials
* Your answer is incorrect.
Transferred out
Ending work in process
21,800
209,300
Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)
Conversion Costs
$
25,600
$
60 %
100 %
$103,995
$320,878
$187.100
Show the assignment of costs to units transferred out and in process.
Materials
231100
Conversion Costs
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