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Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yermouth show the following information for Finishing operstions for February

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Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at Yermouth show the following information for Finishing operstions for February (no new material is added in the Finishing Department). $ WIP inventory Finishing Beginning inventory (11,eee units, 30% complete with respect to Finishing costs) Transferred in costs (fron Mixing) Finishing conversion costs Current work (100,000 units started) Mixing costs Finishing costs 130.000 11.250 980,00 588.580 The ending inventory has 15,000 units, which are 60 percent complete with respect to Finishing Department costs and 100 percent complete for Mixing Department costs. Required: a. Complete the production cost report using the FIFO method. (Round "Cost per equivalent unit" to 2 decimal places.) Physical Unito Equivalent Unite Mixing Department Finishing Department Flaw of units Units to be accounted for Beginning WIP inventary Units started this period Talal units to account for Units accounted for Completed and transferred out From beginning WIP inventory Mixing Finishing Started and completed currently Units in ending WIP inventory Mixing Finishing Total units accounted for Total Mixing Department Finishing Department Flaw of costs: Casts to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cast per equivalent unit Mixing Finishing Casts accounted for: Costs assigned to units transferred out: Casts from beginning WIP inventory Current costs added to complete beginning WIP inventary Mixing Finishing Current costs of units started and completed: Mixing Finishing Total costs transferred out Cost of ending WIP inventory Mixing Finishing Total costs accounted for

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