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A department uses the FIFO method of process costing. All direct materials are added at the beginning of the process. This department has the
A department uses the FIFO method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 224 units in beginning WIP (34% complete with respect to conversion costs). 8,426 units started 111 units in ending WIP (36% complete with respect to conversion costs). $776 Beginning WIP direct material costs $1,175 Beginning WIP conversion costs $13,618 Current period direct material costs $10,214 Current period conversion costs What is the department's direct material cost in ending WIP for this month (round final answer to nearest cent if necessary)?
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