8-39 and 8-40 please I have added 8-37

Quantity information is obtained from the manufacturing records and includes the following. Required Compute the cost per equivalent unit for direct materials and conversion costs. 2, 3) 8-34. Assign Costs to Goods Transferred Out and Ending Inventory: Weighted-Average Method Refer to the data in Exercise 8-33. Compute the cost of goods transferred out and the ending inventory using the weighted-average method. 8-5) 8-35. Compute Costs per Equivalent Unit: FIFO Method Using the data in Exercise 8-33, compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method. 8-5) 8-36. Assign Costs to Goods Transferred Out and Ending Inventory: FIFO Method Refer to the data in Exercises 8-33 and 8-35. Compute the cost of goods transferred out and the ending inventory using the FIFO method. 8-3) 8-37. Compute Costs per Equivalent Unit: Weighted-Average Method Pacific Ink had beginning work-in-process inventory of $744,960 on October 1. Of this amount, $304,920 was the cost of direct materials and $440,040 was the cost of conversion. The 48,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 102,000 units were transferred out and 30,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $2,343,600 for direct materials and $3,027,840 for conversion. Required Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted-average method. (LO82,3) 8-38. Assign Costs to Goods Transferred Out and Ending Inventory: Weighted-Average Method Refer to the data in Exercise 8-37. Compute the costs of goods transferred out and the ending inventory using the weighted-average method 8-39. Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) Refer to the data in Exercise 8-37. Compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method. 8-40. Assign Costs to Goods Transferred Out and Ending Inventory: FIFO Method (LO82,5) Refer to the data in Exercise 8-37. Compute the cost of goods transferred out and the cost of ending inventory using the FIFO method. Is the ending inventory higher or lower under the weightedaverage method compared to FIFO? Why? 8-41. Prepare a Production Cost Report: FIFO Method Lansing, Inc., provides the following information for one of its department's operations for June (LO82,4,5) (no new material is added in Department T). Required Prepare a production cost report using FIFO. 8-42. Prepare a Production Cost Report: Weighted-Average Method Refer to the information in Exercise 8-41. Required a. Prepare a production cost report using the weighted-average method. b. Is the ending inventory higher using FIFO or the weighted-average method? Why? c. Would you recommend that Lansing use the FIFO method or the weighted-average method? Explain. 8-43. Prepare a Production Cost Report: Weighted-Average Method ing records at Yany produces a liquid solvent in two departments: Mixing and Finishing. Accountnew material is added in show the following information for Finishing operations for February (n) Quantity information is obtained from the manufacturing records and includes the following. Required Compute the cost per equivalent unit for direct materials and conversion costs. 2, 3) 8-34. Assign Costs to Goods Transferred Out and Ending Inventory: Weighted-Average Method Refer to the data in Exercise 8-33. Compute the cost of goods transferred out and the ending inventory using the weighted-average method. 8-5) 8-35. Compute Costs per Equivalent Unit: FIFO Method Using the data in Exercise 8-33, compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method. 8-5) 8-36. Assign Costs to Goods Transferred Out and Ending Inventory: FIFO Method Refer to the data in Exercises 8-33 and 8-35. Compute the cost of goods transferred out and the ending inventory using the FIFO method. 8-3) 8-37. Compute Costs per Equivalent Unit: Weighted-Average Method Pacific Ink had beginning work-in-process inventory of $744,960 on October 1. Of this amount, $304,920 was the cost of direct materials and $440,040 was the cost of conversion. The 48,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 102,000 units were transferred out and 30,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $2,343,600 for direct materials and $3,027,840 for conversion. Required Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted-average method. (LO82,3) 8-38. Assign Costs to Goods Transferred Out and Ending Inventory: Weighted-Average Method Refer to the data in Exercise 8-37. Compute the costs of goods transferred out and the ending inventory using the weighted-average method 8-39. Compute Costs per Equivalent Unit: FIFO Method (LO 8-5) Refer to the data in Exercise 8-37. Compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method. 8-40. Assign Costs to Goods Transferred Out and Ending Inventory: FIFO Method (LO82,5) Refer to the data in Exercise 8-37. Compute the cost of goods transferred out and the cost of ending inventory using the FIFO method. Is the ending inventory higher or lower under the weightedaverage method compared to FIFO? Why? 8-41. Prepare a Production Cost Report: FIFO Method Lansing, Inc., provides the following information for one of its department's operations for June (LO82,4,5) (no new material is added in Department T). Required Prepare a production cost report using FIFO. 8-42. Prepare a Production Cost Report: Weighted-Average Method Refer to the information in Exercise 8-41. Required a. Prepare a production cost report using the weighted-average method. b. Is the ending inventory higher using FIFO or the weighted-average method? Why? c. Would you recommend that Lansing use the FIFO method or the weighted-average method? Explain. 8-43. Prepare a Production Cost Report: Weighted-Average Method ing records at Yany produces a liquid solvent in two departments: Mixing and Finishing. Accountnew material is added in show the following information for Finishing operations for February (n)