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Problem 8-63 (Algo) Solving for Unknowns: FIFO Method (LO 8-4,5) For each of the following independent cases, use FIFO costing to determine the information requested. Required: a. In the beginning inventory, 5,000 units were 40 percent complete with respect to materials. During the period, 42,000 units were transferred out. Ending inventory consisted of 7.200 units that were 70 percent complete with respect to materials. How many units were started and completed during the period? b. At the start of the period, 4,100 units were in the work-in-process inventory: 2,800 units were in the ending inventory. During the period, 9,500 units were transferred out to the next department. Materials and conversion costs are added evenly throughout the production process. FIFO costing is used. How many units were started during this period? c. Beginning inventory amounted to 900 units. This period, 4.200 units were started and completed. At the end of the period, the 2,800 units in inventory were 30 percent complete. Using FIFO costing, the equivalent production for the period was 5,310 units. What was the percentage of completion of the beginning inventory? d. The ending inventory included $94,600 for conversion costs. During the period, 37,600 equivalent units were required to complete the beginning inventory, and 64,000 units were started and completed. The ending inventory represented 11,000 equivalent units of work this period. FIFO costing is used. What were the total conversion costs incurred this period? Required: a. In the beginning inventory, 5.000 units were 40 percent complete with respect to materials. During the period, 42,000 units were transferred out. Ending Inventory consisted of 7.200 units that were 70 percent complete with respect to materials. How many units were started and completed during the period? b. At the start of the period, 4,100 units were in the work-in-process Inventory: 2,800 units were in the ending Inventory. During the period, 9,500 units were transferred out to the next department. Materials and conversion costs are added evenly throughout the production process. FIFO costing is used. How many units were started during this period? c. Beginning inventory amounted to 900 units. This period, 4.200 units were started and completed. At the end of the period, the 2,800 units in inventory were 30 percent complete. Using FIFO costing, the equivalent production for the period was 5,310 units. What was the percentage of completion of the beginning inventory? d. The ending Inventory included $94,600 for conversion costs. During the period, 37,600 equivalent units were required to complete the beginning Inventory, and 64,000 units were started and completed. The ending Inventory represented 11,000 equivalent units of work this period. FIFO costing is used. What were the total conversion costs incurred this period? ces Complete this question by entering your answers in the tabs below. Required A Required B Required Required D In the beginning inventory, 5,000 units were 40 percent complete with respect to materials. During the period, 42,000 units were transferred out. Ending inventory consisted of 7,200 units that were 70 percent complete with respect to materials. How many units were started and completed during the period? Units started and completed ROMA Required B Prey 2 of 4 !!! Next > Help Save & alt Check 2 For each of the following independent cases, use FIFO costing to determine the information requested. Required: a. In the beginning inventory. 5,000 units were 40 percent complete with respect to materials. During the period. 42.000 units were transferred out. Ending Inventory consisted of 7.200 units that were 70 percent complete with respect to materials. How many units were started and completed during the period? b. At the start of the period, 4,100 units were in the work-in-process inventory: 2,800 units were in the ending Inventory. During the period, 9,500 units were transferred out to the next department. Materials and conversion costs are added evenly throughout the production process. FIFO costing is used. How many units were started during this period? c. Beginning Inventory amounted to 900 units. This period, 4.200 units were started and completed. At the end of the period, the 2.800 units in Inventory were 30 percent complete. Using FIFO costing, the equivalent production for the period was 5,310 units. What was the percentage of completion of the beginning inventory? d. The ending inventory included $94.600 for conversion costs. During the period, 37,600 equivalent units were required to complete the beginning inventory, and 64,000 units were started and completed. The ending Inventory represented 11,000 equivalent units of work this period. FIFO costing is used. What were the total conversion costs incurred this period? ok ht ances Complete this question by entering your answers in the tabs below. Required A Require Required Required D At the start of the period, 4, 100 units were in the work-in-process inventory: 2,800 units were in the ending Inventory. During the period, 9,500 units were transferred out to the next department. Materials and conversion costs are added evenly throughout the production process. FIFO costing is used. How many units were started during this period? Unit started CH For each of the following independent cases, use FIFO costing to determine the information requested. Required: a. In the beginning inventory 5,000 units were 40 percent complete with respect to materials. During the period, 42,000 units were transferred out. Ending inventory consisted of 7.200 units that were 70 percent complete with respect to materials. How many units were started and completed during the period? b. At the start of the period, 4100 units were in the work-in-process inventory: 2,800 units were in the ending Inventory. During the period, 9.500 units were transferred out to the next department. Materials and conversion costs are added evenly throughout the production process. FIFO costing is used. How many units were started during this period? c. Beginning inventory amounted to 900 units. This period, 4.200 units were started and completed. At the end of the period, the 2.800 units in Inventory were 30 percent complete. Using FIFO costing, the equivalent production for the period was 5,310 units. What was the percentage of completion of the beginning inventory? d. The ending Inventory included $94,600 for conversion costs. During the period, 37,600 equivalent units were required to complete the beginning inventory, and 64,000 units were started and completed. The ending inventory represented 11.000 equivalent units of work this period. FIFO costing is used. What were the total conversion costs incurred this period? mt nicos Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D The ending Inventory included $94,600 for conversion costs. During the period, 37,600 equivalent units were required to complete the beginning inventory, and 64,000 units were started and completed. The ending Inventory represented 11,000 equivalent units of work this period. FIFO costing is used. What were the total conversion costs incurred this period? (Do not round intermediate calculations.) Show less Tot convegno Required