Factory for the month of June. Richardson Factory uses the FIFO method of inventory costing 5,000 units 70% 25% $7,350 $3,125 Beginning goods in process inventory: Physical units % complete for materials.. % complete for labor and overhead. Materials cost from May Labor and overhead cost from May.......... Product started and completed: Physical units. Ending goods in process inventory: Physical units.............. % complete for materials.............. % complete for labor and overhead.... Manufacturing costs for June: Materials ....................................................... Labor and overhead ............ 40,000 units 4,000 units 40% 10% $96,975 $79,470 Factory for the month of June. Richardson Factory uses the FIFO method of inventory costing 5,000 units 70% 25% $7,350 $3,125 Beginning goods in process inventory: Physical units % complete for materials.. % complete for labor and overhead. Materials cost from May Labor and overhead cost from May.......... Product started and completed: Physical units. Ending goods in process inventory: Physical units.............. % complete for materials.............. % complete for labor and overhead.... Manufacturing costs for June: Materials ....................................................... Labor and overhead ............ 40,000 units 4,000 units 40% 10% $96,975 $79,470