17-27 Transferred-in costs, FIFO method. Refer to the information in Exercise 17-26. Suppose that Trendy uses the FIFO method instead of the weighted average method in all of its departments. The only changes to Exercise 17-26 under the FIFO method are that total transferred-in costs of beginning work in process on June 1 are $45,000 (instead of $60,000) and total transferred-in costs added during June are $114,000 (instead of $117,000). Do Exercise 17-26 using the FIFO method. Note that you first need to calculate equivalent units of work done in the current period (for transferred-in costs, direct materials, and conversion costs) to complete begin- ning work in process, to start and complete new units, and to produce ending work in process. Required 17-27 Transferred-in costs, FIFO method. Refer to the information in Exercise 17-26. Suppose that Trendy uses the FIFO method instead of the weighted average method in all of its departments. The only changes to Exercise 17-26 under the FIFO method are that total transferred-in costs of beginning work in process on June 1 are $45,000 (instead of $60,000) and total transferred-in costs added during June are $114,000 (instead of $117,000). Do Exercise 17-26 using the FIFO method. Note that you first need to calculate equivalent units of work done in the current period (for transferred-in costs, direct materials, and conversion costs) to complete begin- ning work in process, to start and complete new units, and to produce ending work in process. Required