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amework Saved Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations

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amework Saved Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department). WIP inventory-Finishing Beginning inventory (10,100 units, 256 complete with respect to Finishing costs) Transferred-in costs (from Mixing) Tinishing conversion costs Current work (98,200 units started) Mixing conta Finishing costs $ 111,550 5,472 873,980 20,567 The ending inventory has 14,100 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs. Required: a. Complete the production cost report using the FIFO method. (Round "Cost per equivalent unit" to 2 acimal places.) omework Saved Physical Units Equivalent Units Mixing Finishing Department Department 0 ok Flow of units: Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Units accounted for: Completed and transferred out From beginning WIP inventory Mixing Finishing Started and completed currently Units in ending WIP inventory Mixing Finishing Total units accounted for onces 0 0 Total Mixing Department Finishing Department Flow of conto Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Moong Finishing $ 0 $ OS Homework Saved Total Mixing Department Finishing Department $ 0$ 0 $ 0 OOR rences Flow of costs: Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Mixing Finishing Costs accounted for Costs assigned to units transferred out: Costs from beginning WIP inventory Current costs added to complete beginning WIP inventory Mixing Finishing Curront costs of units started and completed: Mixing Finishing Total costs transferred out Cost ofanding WIP inventory Mixing Finishing Total cost accounted for $ 0 $ 0 $ 0 $ 0$ 0 $

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