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please provide ur own answer dont copy the other chegg answer ill give thumps up for own correct and clear work thank u 3 Easy
please provide ur own answer dont copy the other chegg answer ill give thumps up for own correct and clear work thank u
3 Easy Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. 900 989 10 8 0143.11 Skipped Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion $ 1,830 $ 1,422 23,600 23,700 $ 71,321 $542,948 800 701 704 Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory d. Determine the cost of units transferred out of the department during the month, Complete this question by entering your answers in the tabs below. Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. 51 Complete this question by entering your answers in the tabs below. Reg A and B ReqC and D a. Determine the equivalent units of production for materials and conversion costs b. Determine the cost per equivalent unit for materials and conversion costs. (Round your answers to 2 decimal places.) Materials Conversion Equivalent units of production Cost per equivalent unit b Reg C and D > Help Saved B Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory d. Determine the cost of units transferred out of the department during the month. 01:42:32 Complete this question by entering your answers in the tabs below. Reg A and B Reg C and D c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month (Round "Cost per equivalent unit" to 2 decimal places. Round your final answer to the nearest whole number.) Cost of onding work d. Cost of units transferred out 14,280 603,118 Step by Step Solution
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