Transferred-in costs, FIFO method. Refer to the information in Exercise 17-27. Suppose that Hideo uses the FIFO method instead ofthe weighted-average method in all its departments. The only changes under the FIFO method are that the total transferred-in cost of beginning work in process is $43,120 and that the transferred-in cost ofwork done in the current period is $94,160.

Required Do Exercise 17-27 using the FIFO method.