Refer to the information in PB3-3 for Firelight Company.

Required:

Complete all requirements for PB3-3 using the FIFO method.

Data from PB3-3

Firelight Company makes camping tents in a single production department. All direct materials are added at the beginning of the manufacturing process. Information for the month of July follows:

Transcribed Image Text:

Beginning work in process (30% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (35% complete) Direct materials cost incurred Conversion cost applied Total cost added 23,100 units $121,000 184,000 $305,000 62,500 77,400 $281,700 386,200 $667,900