FIFO method, equivalent units and unit costs. Refer to the information in Exercise 17-22.

2. Direct materials cost per Suppose the Assembly Division uses the FIFO method of process costing instead of the equivalent unit, $694,510 weighted-average method.

i REQUIRED 1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.

2. Calculate cost per equivalent unit for direct materials and conversion costs.

LO1