Exercise 16-9 (Part Lèvel Submission) Baden Company has gathered the following i

Question

Exercise 16-9 (Part Lèvel Submission) Baden Company has gathered the following information. Units in beginning wark in proeEss Units started into production Units in ending wark in process Percent complets in ending wark in procss: 37,000 7.500 Conversian costs 40% 100 % Costs incurred Direct materials Direct labor 576,800 62,400 $105,800 (a) Your answer is carrect C pute equivalent units or production for aterials and for conversion costs. Materials Conversion Costs The equivslent units of production 37000 32500 Click if you would like to Show Work for this question Open Show Work VIDEO: SIMILAR EXERCISE (b) Your answer is correzt Determine the unit costs production. (Round unit costs to 2 décimal places, e.g. 2.25.) Materials Conversion Costs Jnit costs 2.07 5.17 Click if you would like to Show Work for this question Open Show Work VIDEO: SIMILAR EXERCISE Your answer is partally correct. Try again. Sho. the 55ignment of costs to units transerred ut and in process. (Round answers to 0 decimal places, e.g. 1,225.) Units transferred out 213580 Units in ending work in pracess 170625 Click if you would like to Show Work for this question: VIDEO: SIMILAR EXERCISE

Explanation / Answer

c) show the assignment of costs to units transferred out and in process.

units in ending work in process = materials + conversion costs

where, materials = 7500 * $2.07 = $15525

conversion costs = 3000 * $5.17 = $15510

units in ending work in process = $15525 + $15510 = $31035 .

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