Question

Overton Company has gathered the following information.

Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 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 60 % 100 % $104,400 $309,960 $186,450 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production 208800 198564 Click if you would like to Show Work for this question: Open Show Work

Need help with part C please

Answer 1

Units in beginning work in process	20950
(+) Units started into production	187850
(-) Units in ending work in process	25590
Units transferred	183210

(a)
	Materials	Conversion
Units transferred	183210	183210
(+) Ending inventory equivalent units [ Ending inventory units * % Completion ]	25590	15354
Equivalent units of production	208800	198564

(b)
	Materials	Conversion
Total cost incurred	104400	496410
(/) Equivalent units of production	208800	198564
Cost per equivalent unit	0.50	2.50

.(c)
	Materials	Conversion	Total
Transferred out [ Units transferred * Cost per equivalent unit ]	91605	458025	549630
ending work in process [ Ending inventory equivalent units * Cost per equivalent unit ]	12795	38385	51180