(Answered) Problem - thakin industries inc manufactures dorm furniture

Accounting

Problem - 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	23,800	19,040
Work in process units, July 31	3,570	595
Work in process percent complete	60	80

Cost Data-July
Work in process, July 1	$0	$0
Materials	452,200	342,720
Labor	278,936	130,900
Overhead	123,760	124,712
Total	$854,896	$598,332

For each plant compute the physical units of production.

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