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Determine the unit costs of production

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Reference no: EM131810270

Overton Company has gathered the following information.

Units in beginning work in process 21,460
Units started into production 188,140
Units in ending work in process 24,410
Percent complete in ending work in process:
    Conversion costs 60%
    Materials 100%
Costs incurred:
    Direct materials $104,800
    Direct labor $312,850
    Overhead $186,740

Compute equivalent units of production for materials and for conversion costs.

Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)

Show the assignment of costs to units transferred out and in process. (Round answers to 0 decimal places, e.g. 1,225.)

Reference no: EM131810270

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