Jarvene Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments: Units in beginning inventory Units started into production Units in ending inventory Units transferred to the next department 400 3,000 300 3,100 Percentage completion of beginning inventory Percentage completion of ending inventory Materials 80% Conversion 40% 60% 70% The cost of beginning inventory according to the company's costing system was $11,040 of which $8,120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132,730. The costs per equivalent unit for the month were: Cost per equivalent unit Materials Conversion $25.40 $18.20 Required: 1. Compute the total cost per equivalent unit for the month UULLUM Units in ending inventory Units transferred to the next department 3,000 300 3, 100 Percentage completion of beginning inventory Percentage completion of ending inventory Materials 80% 70% Conversion 40% 60% The cost of beginning inventory according to the company's costing system was $11,040 of which $8,120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132.730. The costs per equivalent unit for the month were: Cost per equivalent unit Materials Conversion $25.40 $18.20 Required: 1. Compute the total cost per equivalent unit for the month. 2. Compute the equivalent units of material and conversion in the ending inventory 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory. 4. Compute the number of units started and completed during the month. 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month. Check my wor Required: 1. Compute the total cost per equivalent unit for the month. 2. Compute the equivalent units of material and conversion in the ending inventory. 3. Compute the equivalent units of material and conversion that were required to complete the beginning inventory 4. Compute the number of units started and completed during the month. 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. 6. Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Compute the total cost per equivalent unit for the month. (Round your answer to 2 decimal places.) Total cost per equivalent unit Required Required 2 > Required: 1. Compute the total cost per equivalent unit for the month. 2. Compute the equivalent units of material and conversion in the ending inventory. 3. Compute the equivalent units of material and conversion that were required to complete the beginn 4. Compute the number of units started and completed during the month. 5. Compute the cost of ending work in process inventory for materials, conversion, and in total for the 6. Compute the cost of the units transferred to the next department for materials, conversion, and in to Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Compute the equivalent units of material and conversion in the ending inventory. Materials Conversion Equivalent units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Compute the equivalent units of material and conversion that were required to complete the beginning inve Materials Conversion Equivalent units Required: 1. Compute the total cost per equivalent unit for the month. 2. Compute the equivalent units of material and conversion in the ending inventory. 3. Compute the equivalent units of material and conversion that were required to complete the 4. Compute the number of units started and completed during the month. 5. Compute the cost of ending work in process inventory for materials, conversion, and in total 6. Compute the cost of the units transferred to the next department for materials, conversion, ar Complete this question by entering your answers in the tabs below. ces Required 3 Required 2 Required 1 Required 6 Required 5 Required 4 Compute the number of units started and completed during the month. Number of units started and completed > Required 5
