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21. The USTVGO Company produces a single product in two processes. The following information is provided for the second(#2) department. Work in Process #2 Material
21. The USTVGO Company produces a single product in two processes. The following information is provided for the second(\#2) department. Work in Process \#2 Material is added at 90% of the process and spoilage does not occur. Instructions) Part I. Assume the weighted average cost flow assumption is used and determine the following amounts. 1. Unit transferred in cost. 2. Unit material cost. 3. Unit conversion cost. 4. The cost transferred to finished goods. 5. The cost of the ending inventory of work in process. Part II. Assume the FIFO cost flow assumption is used and calculate 4. and 5. of the requirements listed in Part
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