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Wildhorse Company has the following production data for March 2022: no beginning work in process, units started and completed 39,000, and ending work in process
Wildhorse Company has the following production data for March 2022: no beginning work in process, units started and completed 39,000, and ending work in process 6,500 units that are 100% complete for materials and 40% complete for conversion costs. Wildhorse uses the FIFO method to compute equivalent units. If unit materials cost is $6 and unit conversion cost is $10. The total costs to be assigned are $689,000. prepare the "costs accounted for" section of the production cost report for Wildhorse Company using the FIFO method.
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