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Can I please get help with the last question! Please! Thank you! Krollon Company uses the FIFO method in its process costing system. The following
Can I please get help with the last question! Please! Thank you! Krollon Company uses the FIFO method in its process costing system. The following data are for the most recent month of operations
in one of the company's processing departments:
The cost of beginning inventory according to the company's costing system was $ of which $ was for materials and the
remainder was for conversion cost. The costs added during the month amounted to $ The costs per equivalent unit for the
month were as follows:
Required:
Compute the total cost per equivalent unit for the month. Round your answer to decimal places.
Answer is complete and correct.
Total cost per equivalent unit $
Compute the equivalent units of material and of conversion costs in the ending inventory.
Answer is complete and correct.
Compute the equivalent units of material and of conversion costs that were required to complete the beginning inventory.
Answer is complete and correct.
Determine the number of units started and completed during the month.
Answer is complete and correct.
Units started and completed
Determine the costs of ending inventory and units transferred out.
Answer is complete but not entirely correct.
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