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Pix Company has the following production data for Marchno beginning work in process, units started and completed 33,000, and ending work in process 5,900 units
Pix Company has the following production data for Marchno 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.
Question 5 of 10 -/1 View Policies Current Attempt in Progress 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. PIX COMPANY (Partial) Production Cost Report For the Month Ended March 31 COSTS Materials Conversion Costs Total Unit costs Total costs $ $ s Equivalent units Unit costs Costs to be accounted for In process, March 1 $ Started into production Totalcasts Step by Step Solution
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