Q24. Creer Company uses the FIFO method in its process costing system. Department A had 20,000 units in process at the beginning of January, that were 40% complete with respect to conversion costs. All materials are added at the beginning of the process in Department A. The January I work in process inventory in Department A contained $10,000 in materials cost and $11,600 in conversion cost. During January, materials costs were $0.50 per equivalent unit and onversion costs were S1.50 per equivalent unit. All of the units in the beginning work in rocess inventory were completed and transferred out during the month. What was the total ost attached to these units when they were transferred to the next department? a) $39,600 b) $33,600 c) $45,600 d) $37,600 25. During February at Iniquez Corporation, $79,000 of raw materials were requisitioned m the storeroom for use in production. These raw materials included both direct and indirect terials. The indirect materials totaled $4,000. The journal entry to record the requisition from storeroom would include a: ) debit to Work in Process of $79,000 ) debit to Work in Process of $75,000 ) credit to Manufacturing Overhead of $4,000 ) debit to Raw Materials of $79,000