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Problem 16-3A (Part Level Submission) Thakin Industries Inc. manufactures dorm furniture in separate processes. In each...

Problem 16-3A (Part Level Submission) Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Cutting Department Production Data—July Plant 1 T12-Tables Plant 2 C10-Chairs Work in process units, July 1 0 0 Units started into production 21,000 16,800 Work in process units, July 31 3,150 525 Work in process percent complete 60 80 Cost Data—July Work in process, July 1 $0 $0 Materials 399,000 302,400 Labor 246,120 115,500 Overhead 109,200 110,040 Total $754,320 $527,940 (a1) For each plant compute the physical units of production. T12 Tables C10 Chairs

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Ans- Computing the physical units of production as shown below:-

Particulars T12 Tables C10 Chairs
Beginning balance 0 0
Add: Units started for production 21,000 16,800
Physical units of production 21,000 16,800
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