Carlton Company has gathered the following information 
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.
Definitions:
Income Statement
A financial document that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and net income.
Missing Figures
Refers to the values or data not present or unidentified in financial statements or calculations that are necessary for complete analysis.
Independent Scenarios
Distinct situations or conditions considered separately for the purpose of analysis or decision-making.
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