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

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Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing Accounting records at Yarmouth show the following information for Finishing operations for February (no new material is added in the Finishing Department) WIP Inventory-Finishing Beginning Inventory (17,800 units, sex complete with respect to Finishing costs) Transferred-in costs (from Pixing) Finishing conversion costs Current work (101,600 units started) Mixing costs Finishing costs 5 147,760 15,25 1,076,960 591,368 The ending inventory has 15,800 units, which are 50 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 Units Equivalent Units Mixing Finishing Department Department Flow of units Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Units accounted for Completed and transferred out 0 Physical Equivalent units Miving Finishing Department Department 0 Flow of units Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Unite accounted for Completed and transferred out From beginning WIP inventory Macing Finishing Started and completed currently Unitsin ending WIP inventory Moring Finishing Total units accounted for 0 Total Mixing Department Finishing Department 3 03 03 Flow of costs Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Moring Finishing Costs accounted for Costs asigned to units transferred out Cost from beginning Weinventory Current costa soded to come beginning WIP inventory Mixing Fishing Current cost of unta started and med Mono Finning Total sostred out Costanding WIP Vento Misong Finioning Totalcouter os

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