Process Costing - FIFO Assumptions The Stones Company had unfinished units in both of its manufacturing operations. Production and cost data for the prior month for both Departments is provided below: Beginning of Month 24,000 End of Month 20,000 Department A Beginning units Percentage completion: Direct material Direct labor and overhead Beginning Costs 100% 75% 100% 60% $ 188,000 60.000 Inputs for Month -- Department A Units introduced Cost introduced: Direct material Direct labor and overhead $315,000 $ 261,000 Beginning of Month 8,000 100% End of Month 10,000 100% 30% 25% S 92,000 Department B Beginning units Percentage completion: Direct material Direct labor / overhead Beginning costs Inputs for Month--Department B Units introduced Cost introduced Transferred-in Direct material Direct labor & overhead ? ? $ 83,200 $ 214,200 A. Required: Complete the following sequence of steps for Department A. 1. Compute physical flow and equivalent full units. 2. Compute unit costs. 3. Determine ending work-in-process for Department A. 4. Prepare the journal entry to transfer costs to Department B. Work-In-Process - Dept. A 188,000 DM... 315.000 DL & OH... 261,000 (transferred out) Beg. WIP Work in Process - Dept. B Beg. WIP 92.000 TI (?) DM... 83,200 DL &OH 214.200 (Transferred to F G) End. WIP End WIP (?)