FIFO Method Assignment

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    FIFO Method Assignment

    The debits to work in process assembly department for April together with data concerning production are as follows April 1 work in process material cost 3000 units $7712 conversion cost 3000 units 40% completed 5139 Materials added during April 10000 units 25601 conversion cost during April 32091 goods finished during April 12000 units 0 April 30 work in process 1000 units 40% completed 0 all direct materials are added at the beginning of the process and the FIFO method is used to cost inventories. The conversion cost per equivalent unit for April is ____Get Accounting homework help today

    The debits to work in process assembly department for April together with data concerning production are as follows

    April 1 work in process

    material cost 3000 units $7712

    conversion cost 3000 units 40% completed 5139

    Materials added during April 10000 units 25601

    conversion cost during April 32091

    goods finished during April 12000 units 0

    April 30 work in process 1000 units 40% completed 0

    all direct materials are added at the beginning of the process and the FIFO method is used to cost inventories. The conversion cost per equivalent unit for April is ____Get Accounting homework help today