PA3-4 Preparing a Process Costing Production Report (FIFO) [LO 3-S1] ns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of Units 127,800 Costs S 182.000 S 516,000 Beginning work in process (30% complete) Direct materials Conversion cost 331,000 Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs 233,000 333,800 Direct materials Conversion cost s 497,400 633.000 Total current period costs S 1,135,400 Required: 1 & 2. Using FIFO method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Completed Units Started Total Units Ending Units Total Units 141 P Monday , 2/12/2013 Type here to search