Verer Custom Carpentry manufactures chairs in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to undetectable material defects. Spoiled units generally constitute 4% of the good units. Data provided for March 2017 are as follows: WIP, beginning inventory 3/1/2017 32 comma 600 units Direct materials (100% complete) Conversion costs (90% complete) Started during March 70 comma 800 units Completed and transferred out 80 comma 000 units WIP, ending inventory 3/31/2017 18 comma 200 units Direct materials (100% complete) Conversion costs (70% complete) Costs: WIP, beginning inventory: Direct materials $ 70 comma 400 Conversion costs 40 comma 300 Direct materials added 105 comma 900 Conversion costs added 128 comma 160 What costs are allocated to the ending workminusinminusprocess inventory for direct materials and conversion costs, respectively, using the FIFO method of process costing? (Round any cost per unit calculations to the nearest cent.) A. $ 64 comma 053; $ 39 comma 457 B. $ 28 comma 173; $ 24 comma 501

Verer Custom Carpentry manufactures chairs in its Processing Department. Direct materials are included at the inception of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Inspection takes place as units are placed into production. After inspection, some units are spoiled due to undetectable material defects. Spoiled units generally constitute 4% of the good units. Data provided for March 2017 are as follows: WIP, beginning inventory 3/1/2017 32,600 units Direct materials (100% complete) Conversion costs (90% complete) Started during March 70,800 units Completed and transferred out 80,000 units WIP, ending inventory 3/31/2017 18,200 units Direct materials (100% complete) Conversion costs (70% complete) Costs