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Lansing, Inc. provides the following Information for one of its department's operations for June (no new matertal is added in Department Th: is added in
Lansing, Inc. provides the following Information for one of its department's operations for June (no new matertal is added in Department Th: is added in Department T): WIP Begning inventory (9,200 units, 20% complete with respect to Department Toost) Transferred-in costs (from Department S) Department T conversion costs Current work (20,900 units started) Prior department costs Department T costs $ 49430 13,760 119,130 235,440 The ending inventory has 4,200 units, which are 50 percent complete with respect to Department T costs and 100 percent complete for prior department costs. Required: Complete the production cost report using FIFO. (Round "Cost per equivalent unit" to 2 decimal places.) Equivalent Units Units Flow of units: Units to be accounted for Begihning WIP inventory Units started this period Total units to account for Units accounted for Completed and transferred out From beginning WIP inventory Prior department Department T Started and completed currently Units in ending WIP inventory Prior department Department T Total units accounted for MacBook Air
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