Refer to the information in PA3-6 for Gotcha Company.

Required:

Complete all requirements for PA3-6 using the FIFO method.

Data from PA3-6

Gotcha Co. makes one model of radar gun used by law enforcement officers. All direct materials are added at the beginning of the manufacturing process. Information for the month of September follows:

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Beginning work in process (40% complete) Direct materials Conversion Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (75% complete) 10,125 units $ 668,250 312,900 $ 981,150 18,200 units 17,400 units Direct materials cost incurred Conversion cost applied Total cost added $1,201,200 633,250 $1,834,450