Flow of Production	Physical Units	Direct Materials	Conversion
BB WIP
Started in current period
Completed & Trsfr-OUT
From BB WIP
Started & Completed
EB WIP
Equivalent Units
From BB WIP	Total Costs	DM Ccost	Conversion Cost
Costs added in current period
Cost per equiv unit
Assignment of cost
From BB WIP
Cost added to BB WIP
Total BB WIP
Started Completed
Total cost of compl & Trans out
EB WIP

Problem 7 (5 Points) Production the first stage a twostage manufacturing process for Sall Company, a restoration data for of - specialist, are as follows : Units BB WIP 5000 Units Direct Materials (75% completel Conversion (40% complete) Units Started during period |31000 Units Costs Incurred during period Direct Materials Conversion EB WIP 4500 Units Direct Materials (80% Complete) Conversion (60% Complete ) Costs $804 $2372 | $5016 | $29946 Required: Prepare the five-step production Cost Report for Sall Inc. using the FIFO process costing method, and compute the cost of good completed and transferred out and the cost of the ending WIP inventory for the current period