Wilkinson Company Has Gathered the Following Information Instructions
(A) Compute Equivalent Units of Production for Materials and in beginning

question 51

Essay

Wilkinson Company has gathered the following information. $\begin{array}{lr}\text { Units in beginning work in process } & -0- \\\text { Units started into production } & 54,000 \\\text { Units in ending work in process } & 10,000 \\\text { Percent complete for conversion costs in } & \\\quad \text { ending work in process } & 60 \% \\\text { Costs incurred: } & \\\quad \text { Direct materials } & \$ 81,000 \\\text { Direct labor } & \$ 99,000 \\\text { Overhead } & \$ 131,000\end{array}$
Instructions
(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.

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Definitions:

Source Area

The region or code section from which data is obtained or where original information is located, often used in computing contexts.

Increase Indent

A function in text editors or word processors used to add space before the first line of a paragraph.

Indents

The space left on the page before the start of a paragraph or text, used to structure and organize documents.

Increase or Decrease Indent

Adjusting the space between the margin and the text to control the paragraph format, either by moving it away from or closer to the margin.