Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 44,400 Units in ending work in process 8,200 Percent complete in ending work in process: Conversion costs 40 % Materials 100 % Costs incurred: Direct materials $79,920 Direct labor $65,500 Overhead $110,186Instructions (a) Compute equivalent units of production for materials and for conversion costs. (b) Determine the unit costs of production. (c) Show the assignment of costs to units transferred out and in process.

Explanation:

                                                                      Materials Conversion Cost

Units transferred out = (44,400-8,200) =     36,200   36,200

Units in ending work in progress(8200*40%)   8200     3280

equivalent units of production                          44,400    39,480

b)

Units cost of production

Costs incurred  (65,500+110,186)                       79,220  175,686

units of production                                               44,400    39,480

                                                                                1.78       4.45

C)

Units transferred out = 36,200 *1.78 = 64,436

                                       36,200*4.45  = 161,090

                                                                 225,526

Units in ending work in progress - (8200*1,78)+(3280*4.45)

=14,596+14,596 = $29,192

answer; competency based pay;