Dell Hook FIFO Method, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process Dama Company produces women's blouses and uses the FIFO method to account for its manufacturing costs. The product Dama makes passes through two processes Cutting and Sewing. During April, Dama's controller prepared the following equivalent units schedule for the Cutting Department Conversion Costs Direct Materials units started and completed 45,000 45,000 Units, beginning work in process 18,0000 10,000 500 9,000 Units, ending work in process: 20,000 X 100% 20.000 20,000 X 25% Equivalent units of output 65,000 59.000 Costs in beginning work in process were direct materials. $20,000: conversion costs 580.000. Manufacturing costs incurred during April were direct materials, $195.000 conversion costs, 5377,600 5,000 Required: 1. Prepare a physical flow schedule for April Dama Company Physical Flow Schedule Units to account for Previous Nea> Check My Work Save and Suomessige for Grading All work saved PP work Assignment ALGO 1. A physical flow schedule shows the units to account for and what happened to them ALGO 2. Compute the cost per equivalent unit for April. It required, round your answer to the nearest cent. 9.4 per uvalent unit 3. Determine the cost of ending work in process and the cost of goods transferred out ALGO Cost of ending work in DIOCESS 92,000 Cost of goods transferred out 423,000 X 2. The equivalent units schedule measures the output of the Berlod. A rally completed unit le counted as a unit of output. Dutput for a un ineding work in process counted by its degree of completion 3. Unit cost - Costs of the period output of the period. The cost of goods (services) transferred out is the unit tot mutoled by the units corted. The.com of WP is the unit cost multiplied by the equivalent units found in EWI 4. Prepare the journal entry that transfers the costs from Cutting to Sewing Work in Process Sewing Work in Process-Cutting Check My Wor Previous Next Al work saved Save and Submit Assement for Gradi MacBook Pro