Easy Inc uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month 1,180 963 10% Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory Materials cost Conversion cost Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion $ 1,862 $ 1,454 24.ee 24,100 $ 71,521 5543,148 1,000 70% Required: Using the FIFO method a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Reg A and B Reg C and D a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. (Round your answers to 2 decimal places) Materials Conversion 0 0 Sex 16 um in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion $ 1,862 $ 1,454 24, cee 24,100 $ 71,521 $543,148 1,000 78% 78% Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Reg A and B Reg Cand D a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. (Round your answers to 2 decimal places.) Materials Conversion Equivalent units of production Cost per equivalent unit b Res C and D > 1, 90x 16% Us in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion $ 1,862 $ 1,454 24,00 24,100 $ 71,521 $543,148 1, eee 78% 78% Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Reg A and B Reg C and D c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. (Round "Cost per equivalent unit" to 2 decimal places. Round your final answer to the nearest whole number.) Cost of ending work Cost of units transferred out
