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Question 5 2 pts Refer to the following information about the Finishing Department in the Gallagher Factory for the month of June. Gallagher Factory uses
Question 5 2 pts Refer to the following information about the Finishing Department in the Gallagher Factory for the month of June. Gallagher Factory uses the FIFO method of inventory costing. 5,000 units 70% 25% $7,350 $3,125 Beginning Work in Process inventory: Physical units....... % complete for materials % complete for conversion costs Materials cost from May Conversion costs from May Product started: Physical units Ending Work in Process inventory: Physical units % complete for materials % complete for conversion costs Manufacturing costs for June: Materials Conversion costs 44,000 units 4,000 units 40% 10% $96,975 $79,470 Compute costs in ending inventory for June
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