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Problem 2. Four Seasons Company makes snow blowers. Materials are all added at the beginning of the process and conversion costs are uniformly incurred. At

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Problem 2. Four Seasons Company makes snow blowers. Materials are all added at the beginning of the process and conversion costs are uniformly incurred. At the beginning of September, work in process is 40% complete and at the end of the month it is 60% complete. Other data for the month include: MUST SHOW WORK IN THE CORRECT FORMAT Beginning work-in-process inventory 1,600 units Units started 2,000 units Units placed in finished goods 3,200 units Cost of direct materials $260,000 Conversion costs $200,000 Beginning work-in-process costs: Materials $154,000 Conversion $ 82,080 Required: Answer a-f. Prepare Step 1 or the total units in Ending Work-in-process based on the information above. b. Calculate the equivalent units using the FIFO method for the month of September. (or Step 23 Calculate the costs to account for or Step 3 using Firo. d Calculate the cost per equivalent unit for Materials and Conversion or Step 4 using RFO Assign costs to Materials and Conversion and determine the total costs for the units completed and transferred out and Ending Work-in-process using FIFO. for Step 5) C

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