Question: FIFO METHOD, ASSIGNING COSTS ( CONTINUATION OF 1 8 - 2 6 ) . RequiredFor the data in Exercise 1 8 - 2 4 ,

FIFO METHOD, ASSIGNING COSTS

(

CONTINUATION OF

18 - 26) .

RequiredFor the data in Exercise

18 - 24,

use the FIFO method to summarize total costs to account for, calculate cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed

(

and transferred out

)

and to units in ending work

-

-

process inventory.

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