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?? RORO Manufacturing Company uses Process Costing System to assign the cost between units completed and WIP units following is the data related to January

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RORO Manufacturing Company uses Process Costing System to assign the cost between units completed and WIP units following is the data related to January 2020 Physical Equivalent Units Units DM Beginning WIP 1000 100% 70% CC Degree of completion 4000 Units Started Units of Ending WIP 2000 100% 60% Degree of ompletion Cost of Beginning WIP $60,000 $40,000 $340,000 $160,000 Cost added during period Required: 1. Assign the cost between units completed (FG) and Ending WIP using WA Method 2. Compute the equivalent Units using FIFO Method

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