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Required: Using FIFO method of process costing, complete each of the following steps: a . Reconcile the number of physical units worked on during the
Required:
Using FIFO method of process costing, complete each of the following steps:
a Reconcile the number of physical units worked on during the period.
b Calculate the number of equivalent units.
c Calculate the cost per equivalent unit.
d Reconcile the total cost of work in process.
Complete this question by entering your answers in the tabs below.
Using FIFO method of process costing, reconcile the total cost of work in process.
Note: Use Equivalent Units rounded to the nearest whole unit and Cost per Equivalent Unit rounded to decimal places.
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