Question

Refer to the information in Exercise 17-16.
In Exercise 17-16.
*Degree of completion: direct materials, 100%; conversion costs, 70%.
†Degree of completion: direct materials, 100%; conversion costs, 50%.
REQUIRED
Do Exercise 17-16 using the FIFO method. Note that you first need to calculate the equivalent units of work done in the current period (for direct materials and conversion costs) to complete beginning work in process, to start and complete new units, and to produce ending work in process.


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  • CreatedJuly 31, 2015
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