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Pix Company has the following production data for March: no beginning work in process, units started and completed 33,000, and ending work in process 5,900
Pix Company has the following production data for March: no beginning work in process, units started and completed 33,000, and ending work in process 5,900 units that are 100% complete for materials and 40% complete for conversion costs. Pix uses the FIFO method to compute equivalent units. If unit materials cost is $5 and unit conversion cost is $11. The total costs to be assigned are $583,460, prepare the cost section of the production cost report for Pix Company using the FIFO approach.
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