Atlantic Manufacturing Company uses process costing 40% of the materials are added at the beginning of the process with the remaining materials added at the 75% completion Atlantic has stressed quality control during the past year and has The conversion process occurs evenly throughout the manufacturing p work-in-process in the month of May is 180,000 units and the total costs are $1,680,000. This is based on $800,000 of material's cost, and $880,000 for conversion costs. The beginning work-in-process is 50% complete. point of the process. reduced their spoilage to zero units. eriod. The beginning During May, 720,000 units were started with a cost of $7,452,000 for materials and $ 10,270,000 for conversion costs. The amount of ending work-in-process in May is 100,000 units which was 80% complete. Use the FIFO method to calculate: (See following page for Process Costing workspace were you will show your calculations using the five step process, but insert your answers based on the data from the Workspace to the specific questions below) Required: (a) The total current costs to complete the beginning inventory