Q2- Data for second department for the month of April 2006 are: (Company use FIFO method and W.A.V) Work in process beginning inventory include two kinds first 500 units at 25% complete for conversation costs and second 300 units at 40% complete for conversation costs Started units: 600 unit for $6000 Finished goods: 1000 units Work in process ending inventory (300) units at 25% complete for conversation costs. in this department 3 Kinds for material are added: %75 of material (a) is added at beginning of the process, and %25 is added at %50 of the process. Material (b) is added at ending of the process. Conversation costs are added evenly during cycle. Normal spoiled units are 5% of good units, inspection of this product accurse at the 70% for the process. Cost to be account: Total Cost of work in process beginning the first:1500$ and the second 10800$ Current costs per unit: material (a) 8$, material (b) 6$, conversion costs 12$. Require: 1- Computes physical flow? 2- Equivalent units? 3- Cost of finished goods? Q2- Data for second department for the month of April 2006 are: (Company use FIFO method and W.A.V) Work in process beginning inventory include two kinds first 500 units at 25% complete for conversation costs and second 300 units at 40% complete for conversation costs Started units: 600 unit for $6000 Finished goods: 1000 units Work in process ending inventory (300) units at 25% complete for conversation costs. in this department 3 Kinds for material are added: %75 of material (a) is added at beginning of the process, and %25 is added at %50 of the process. Material (b) is added at ending of the process. Conversation costs are added evenly during cycle. Normal spoiled units are 5% of good units, inspection of this product accurse at the 70% for the process. Cost to be account: Total Cost of work in process beginning the first:1500$ and the second 10800$ Current costs per unit: material (a) 8$, material (b) 6$, conversion costs 12$. Require: 1- Computes physical flow? 2- Equivalent units? 3- Cost of finished goods