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Lala Company uses the FIFO method of process costing. The company's cost accountant has determined the following production and cost per equivalent unit of production

Lala Company uses the FIFO method of process costing. The company's cost accountant has determined the following production and cost per equivalent unit of production for February 2021.

In process, beginning (100% DM, 70% DL, 60% OH) 12,500 units

Transferred out 320,000 units

In process, end (100% DM, 80% DL, 90% OH) 46,250 units


Current period Prior period

Transferred in cost per EUP4.003.85

Direct material cost per EUP 3.75 3.00

Direct labor cost per EUP4.96 4.50

Overhead cost per EUP 5.10 4.95


The total costs charged to this department during the period is

Answer: 6,274,920

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