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Crane Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete as to conversion, July 31 Cost Data-July Work in process, July 1 Direct materials used in July Direct labor incurred in July Manufacturing overhead assigned in July Cutting Department T12-Tables 0 20,800 3,120 60% $0 395,200 243,776 108,160

how to calculate conversion costs???

Crane Industries Inc, manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Compute equivalent units of production for materials and for comversion costs. Attempts: 0 of 1 used (a3) The parts of this question must be completed in order. This part will be available when you complete the part above. (a4) The parts of this question must be completed in order. This part will be avallable when you complete the part above

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