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A.) How many units are in process at March 31? B.) What is the unit materials cost for March? (Round unit costs to 2 decimal
A.) How many units are in process at March 31?
B.) What is the unit materials cost for March? (Round unit costs to 2 decimal places)
C.) What is the unit conversion cost for March?(Round unit costs to 2 decimal places)
D.) What is the total cost of units started in February and completed in March? (Round unit costs to 2 decimal places)
E.)What is the total cost of units started and finished in March? (Round unit costs to 2 decimal places)
F.) What is the cost of the March 31 inventory? (Round unit costs to 2 decimal places)
Cullumber Company has the following record of costs. Production records show that there were 900 units in the beginning inventory, 30% complete, 1,200 units started, and 1,600 units transferred out. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Cullumber uses the FIFO method to compute equivalent units. Answer the following questions
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