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11 (1 point) Crone Corporation uses the FIFO method in its process costing system. The following data concern the company's Assembly Department for the month

11 (1 point) Crone Corporation uses the FIFO method in its process costing system. The following data concern the company's Assembly Department for the month of August. Cost in beginning work in process inventory $1,210 Units started and completed this month 2.810 Cost per equivalent unit Equivalent units required to complete the units in beginning work in process inventory Equivalent units in ending work in process inventory Required: Ma $1 20 15 Determine the cost of ending work in process inventory and the cost of units transferred out of the department during August using the FIFO method. 5785, 161,840 5,787, 161,842 5700, 161,000 5788, 162.141

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