Question
Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in Department T WIP Inventory-Department
Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in Department T WIP Inventory-Department T Beginning inventory (9,400 units, 20% complete with respect to Department T costs) Transferred-in costs (from Department 5) Department T conversion costs Current work (21,300 units started) Prior department costs Department T costs $52,390 11,206 125,670 202,950 The ending inventory has 4.400 units, which are 60 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.) Flow of units Linits to be accounted for Beginning WP inventory Unts started this period Total units to account for Unes accounted for Equivalent Units Physical Prior Department Units Department i Help Save & Exit Subm Check my work
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