FIFO Method Equivalent Unts, Unit Cost, Hugle Departments Brown Company has a product that passes through twee Grinding and using During December the Grinding Department branded 20,000 units to the Ping Department. The cast of the units referred bets the second department was 340.000. Direct materials are added uniformity in the second process. Units are the same way in both departments The second department (Pushing) had the following physical flow schedule for December Units, begining work in process Units started 4.000 (40% complete) Tutal units to account for Units ending work in process Units accounted for 8,000 (10% complete) Casts in beginning work in prices for the Pulishing Department were direct materials, 5,000; conversion costs, 86.000; and transferred in, 18.000. Casts added during the month: direct matemas, $32,000; comes and awed in, $40,000 Assume the company uses the FIFO method Brown Company Schedule of Equivalent Units For the month of December Direct Materials Conversion Costs Transfe 2400 Units in EWP 5000 8000 1-a. Prepare a schedule of equivalent units. Enter percentages as whole numbers. Brown Company Schedule of Equivalent Units For the month of December Direct Materials Conversion Costs Transferred In 5.000 X x X Units started and completed Units to complete in BWIP: 4,000 x 60 % 2,400 2400 Units in EWIP: 8.000 x 100 % 8,000 8.000 x 50 % 4.000 V 4,000 Total equivalent units X x 1-b. Compute the unit cost for the month of December. Round intermediate calculations and your final answer to the nearest cent. X per equivalent unit