Question
Pharoah Company has the following production data for March 2022: no beginning work in process, units started and completed 33,600, and ending work in process
Pharoah Company has the following production data for March 2022: no beginning work in process, units started and completed 33,600, and ending work in process 5,600 units that are 100% complete for materials and 40% complete for conversion costs. Pharoah uses the FIFO method to compute equivalent units. If unit materials cost is $6 and unit conversion cost is $10, determine the costs to be assigned to the units completed and transferred out and the units in ending work in process. The total costs to be assigned are $593,600.
Completed and transferred out | $enter a dollar amount | |
---|---|---|
Ending work in process | $enter a dollar amount |
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