70.2K

Verified Solution

Link Copied!

Exercise 16-11 a-c (Part Level Submission) The Polishing Department of Bonita Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,880 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 44,300; ending inventory of 7,200 units 10% complete as to conversion costs. Manufacturing costs: Beginning inventory costs, comprised of $21,900 of materials and $36,765 of conversion costs; materials costs added in Polishing during the month, $213,618; labor and overhead applied in Polishing during the month, $127,600 and $258,440, respectively. (a) Your answer is correct. Compute the equivalent units of production for materials and conversion costs for the month of September. Materials Conversion Costs The equivalent units of production 46180 39700 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 2 of 3 used (b) XYour answer is incorrect. Try again. Compute the unit costs for materials and conversion costs for the month. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs Unit costs Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used

Answer & Explanation Solved by verified expert

See Answer