e- Chapter 4 5 Jarvene Corporation 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 Units in beginaing inventory Units in ending isventory Units transterred to the next departnent Percentage completion of beginning inventory Percentage conpletios of ending inventery The cost of beginning inventory accoeding to the company's costing system was $7,888 of which $4,878 was for materia's and the remainder was for conversion cost. The costs added during the month amounted to $178500. The costs per equivalent unit for the month were Materiala Converaion Cost per equivaleat unit t. Compute the total cost per equivalent unit for the month 2 Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory the number of units started and completed during the month the cost of ending work in process inventory for materials, conversion, and in total for the month 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below Required 2 Required 3 Required 4 Requined 5 Required Compute the total cost per equivalent unit for the month. (Round your answer to 2 decimal places.) 2 3 4 e- Chapter 4 5 Jarvene Corporation 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 Units in beginaing inventory Units in ending isventory Units transterred to the next departnent Percentage completion of beginning inventory Percentage conpletios of ending inventery The cost of beginning inventory accoeding to the company's costing system was $7,888 of which $4,878 was for materia's and the remainder was for conversion cost. The costs added during the month amounted to $178500. The costs per equivalent unit for the month were Materiala Converaion Cost per equivaleat unit t. Compute the total cost per equivalent unit for the month 2 Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory the number of units started and completed during the month the cost of ending work in process inventory for materials, conversion, and in total for the month 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month Complete this question by entering your answers in the tabs below Required 2 Required 3 Required 4 Requined 5 Required Compute the total cost per equivalent unit for the month. (Round your answer to 2 decimal places.) 2 3 4
