Required information Problem 16-7AA FIFO: Process cost summary, equivalent units, cost estimates LO C2, C3, C4, P4 [The following in ation applies to the questions displayed below] Dengo Co. makes a trail mix in two departments: roasting and blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. During October, the roasting department completed and transferred 22.200 units to the blending department. Of the units completed, 3,000 were from beginning inventory and the remaining 19,200 were started and completed during the month. Beginning work in process was 100% complete with respect to direct materials and 40% complete with respect to conversion. The company has 2,400 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. Information on the roasting department's costs of beginning work in process inventory and costs added during the month follows. Cost of beginning work in process inventory Added during the month Direct Materials Conversion $ 9,900 $110,970 248,400 1,082,970) Problem 16-7A Part 1 Required: 1. Prepare the roasting department's process cost summary for October using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) M Total costs to account for: inces Cost of beginning work in process $ 121,150 Total costs to account for $ 121,150 Unit reconciliation Units to account for Total units to account for Total units accounted for: $ 0 Total units accounted for Equivalent units of production (EUPH-FIFO method MADE WITH PICJOINTER Next>