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The Rest-a-Lot chair company the firm's Assembly The firm ended the month with 10,000 chairs in ending materials costs are added at the of 75,000

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The Rest-a-Lot chair company the firm's Assembly The firm ended the month with 10,000 chairs in ending materials costs are added at the of 75,000 chairs. During the month, the firm completed 80,000 chairs, and them to the inventory. There were 1500 chairs in beginning inventory. Alldirenmly throughout thes was 30% t the of the process. The FIRO method of process costing is used by to conversion costs. complete as too nversion costs, while ending work in process was 80%complete as Beginning inventory Direct materials $24,000 $35,000 n tig00 costs Manufacturing costs added during the accounting period. $168,000 $278,000 Conversion costs Prepare a complete process costing schedule using FIFO You must reconcile costs completed and transferred

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