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The following question is worth 100 points. You should label lines carefully, and show all of your work. Partial credit will be awarded. The Puzzle-tt

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The following question is worth 100 points. You should label lines carefully, and show all of your work. Partial credit will be awarded. The Puzzle-tt Company adds direct materials at the beginning of the manufacturing process. On June 1 . 8,000 units were in process. All direct materials had been added and they were 60% complete as far as comversion costs. The cost of the beginning inventory consisted of direct materials of $9,800 and conversion costs of $3,910. During June 42,000 units were added at a material cost of $130,200. Conversion costs were $64,090. On June 30 there were 10,000 units in the ending inventory. All direct materials were added and they were 25% complete for conversion costs. Show all tive steps required to produce your answer using the Process Costing using the FiFO method

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