Data concerning a recent period€™s activity in the Mixing Department, the first processing department in a company that uses process costing, appear below:

A total of 8,000 units were completed and transferred to the next processing department during the period. Beginning work in process inventory consisted of 1,000 units, and ending work in process inventory consisted of 2,000 units.
Required:
Compute the FIFO cost of the units transferred to the next department during the period and the cost of ending work in process inventory.

Transcribed Image Text:

Materials Conversion Cost of work in process inventory at the beginning af the period... Equivalent units of production in the ending wark in pracess inventory. work in process inventory... Cost per equivalent unit for the period... $2,700 800 $380 200 ...... ........ 400 $440 700 $1.30