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The Sheffield company in the Tamarisk company each started January with 250 units in beginning with inventory. These units had already received 60% of their

The Sheffield company in the Tamarisk company each started January with 250 units in beginning with inventory. These units had already received 60% of their conversion costs both companies begin another 2100 units during January and end of the month with 110 units in ending with inventory units in the ending with inventory had 80% of conversion costs by the end of the Sheffield Company ads DM at the very beginning of the process the tamarisk company adds DM when units are 75% complete for conversion cost conversion cost are at it evenly throughout the process for both companies please solve a and B image text in transcribed
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The Sheffield Company and The Tamarisk Company each started January with 250 units in beginning WIP Inventory: these units had already received 60% of their conversion costs. Both companies began another 2.100 units during January and ended the month with 110 units in ending WIP Inventory. Units in ending WIP Inventory had 80%6 of conversion costs by the end of January. The Sheffield Company adds DM at the very beginning of the process. The Tamarisk Company adds DM when units are 75% complete for conversion costs. Conversion costs are added evenly throughout the process for both companies: For The Sheffield Company: complete Step 1 of the template to verify physical units and identify degree of completion under the (1) FIFO method and (2) weighted-average method. (1) FIFO Method-Sheffield Compary (2) Weighted-average method-Sheffield Comparyy For The Tamarisk Company:complete Step 1 of the template to verify physical units and identify degree of completion under the (1) FIFO method and (2) weighted-average method (1) FIFO method-Tamarisk Compariy (2) Weighted-average method-Tamarisk Comparty

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