Question $8$ of $12$

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Crane Company has the following production data for March $2025$: no beginning work in process, units started and completed $31,200,$ and ending work in process $5,200$ units that are $100\%$ complete for materials and $40\%$ complete for conversion costs. Crane uses the FIFO method to compute equivalent units. The unit materials cost is $$7$ and unit conversion cost is $$11.$ The total costs to be assigned are $$620,880.$ Prepare the "costs accounted for" section of the production cost report for Crane Company using the FIFO method.

CRANE COMPANY

$($Partial$)$ Production Cost Report

For the Month Ended March $31,2025$

Materials

Conversion

Costs

Total

Unit costs

Total costs

Equivalent units

Unit costs