FIFO Method Assignment

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    FIFO Method Assignment

    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 from Contentmart. 

    FIFO Method Assignment

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

     

    FIFO Method AssignmentApril 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 from Contentmart.