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Sheridan Company has the following production data for March 2022: no beginning work in process, units started and completed 34,200, and ending work in

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Sheridan Company has the following production data for March 2022: no beginning work in process, units started and completed 34,200, and ending work in process 5,700 units that are 100% complete for materials and 40% complete for conversion costs. Sheridan uses the FIFO method to compute equivalent units. If unit materials cost is $7 and unit conversion cost is $11. The total costs to be assigned are $680,580. prepare the "costs accounted for" section of the production cost report for Sheridan Company using the FIFO method. Unit costs Total costs Equivalent units Unit costs Costs to be accounted for In process, March 1 Started into production Total costs Costs accounted for Transferred out In process, March 1 Started and completed In process, March 31 Materials Conversion costs Total costs eTextbook and Media $ SHERIDAN COMPANY (Partial) Production Cost Report For the Month Ended March 31, 2022 Materials $ Conversion Costs $ $ $ $ $ $ Total

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