Production company X is a company that implements the phase costing system and produces product A. In the enterprise that applies the First In First Out (FIFO) Method in calculating the costs, Direct Initial Material Expenditure is set at the beginning of the phase and wastes can be determined at the end of the phase. The normal waste rate in the business is 15% of the solid products. The production takes place at the main production expense place no. 10 and the information regarding the period of March-2021 is as follows:

Semi-Product Stock Amount at the Beginning of the Period: 50.000 units

Percentage of Completion:

-In terms of direct raw material and cost expenses: 90%

-In terms of forming costs: 60%

Semi-Product Costs at the Beginning of the Period:

-Direct First Material and Material Expenses: 1.100.000 $

-Shaping Expenses: 5.250.000 $

Amount of Finished Goods in March: 180,000 units

Production Started in March: 220,000 Units

End of Period Semi-Product Stock Amount: 50,000 units

Percentage of Completion:

In terms of Direct First substence and Material Expenses: 100%

In terms of Forming Expenses: 40%

Production Costs in March:

-Direct Initial Substance and Material Expenses:14.625.000 $

-Shaping Expenses 10.500.000 $

Solve the data of the production company named X in 5 stages and make the necessary journal and general ledger records.