(Answered) Problem-seagren industries inc manufactures in separate

Accounting

Problem-

Seagren Industries Inc. manufactures in separate processes furniture for homes. 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	19,950	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	245,910	115,500
Overhead	109,200	101,535
Total	$754,110	$519,435

1) Compute the physical units of production

2) Compute equivalent units of production for materials and for conversion costs

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