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Terminal Industries (Ti) produces a product using three departments: Mixing. Processing, and Filtering. New material is added only in the Mixing Department. The following information

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Terminal Industries (Ti) produces a product using three departments: Mixing. Processing, and Filtering. New material is added only in the Mixing Department. The following information is given for the Processing Department for August. Tl uses process costing. Required: Complete the production cost report for August using FIFO. Note: Round "Cost per equivalent unit" to 2 decimal places. Flow of units Units to be accounted for: Beginning WIP inventory Units started this period Total units to account for Units accounted for: Completed and transferred out From beginning WIP inventory Mixing Processing Started and completed currently Units in ending WIP inventory Mising Processing Tolat unils accounted for \begin{tabular}{|l|l|l|} \hline Processing \\ \hline Costs accounted for \\ \hline Costs assigned to units transferred out \\ \hline Costs from beginning WIP inventory \\ \hline Current costs added to complete beginning WIP inventory \\ \hline Mixing \\ \hline Processing \\ \hline Current costs of units started and completed: \\ \hline Mixing \\ \hline Processing \\ \hline Total costs transferred out \\ \hline Cost of ending WiP inventory \\ \hline Mixing \\ \hline Processing \\ \hline Total costs accounted for \\ \hline \end{tabular}

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