Problem 21-3A (Part Level Submission) Thakin Industries Inc. manufactures dorm f

Question

Problem 21-3A (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 20,000 18,000 Work in process units, July 31 3,000 500 Work in process percent complete 60 80 Cost Data—July Work in process, July 1 $0 $0 Materials 380,000 288,000 Labor 234,400 110,000 Overhead 104,000 104,800 Total $718,400 $502,800 Collapse question part (a1) For each plant compute the physical units of production. T12 Tables C10 Chairs Units to be accounted for LINK TO TEXT LINK TO TEXT Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER Expand question part (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (a3) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (a4) The parts of this question must be completed in order. This part will be available when you complete the part above. Expand question part (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

Explanation / Answer

a1 T12 Tables C10 Chairs Work in process, July 1 0 0 Started into production 20000 18000 Units to be accounted for 20000 18000

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