=+5-36 KKK Transferred-in costs, FIFO method (Appendix 5-1)

Refer to the information in Exercise 5-35. Suppose that Asaya Clothing uses the FIFO method instead of the weighted-average method in all of its departments. The only changes to Exercise 5-35 under the FIFO method are that total transferred-in costs of beginning work in process on 1 June are $50000 (instead of $75000) and total transferred-in costs added during June are $140800 (instead of $142500).