Question: Brief Exercise 6-41 (Appendix 6A) First-In, First-Out Method; Equivalent Units Refer to the information for Saludable Inc.. Saludable Inc. produces a freeze-dried kale powder. Drying

Brief Exercise 6-41 (Appendix 6A) First-In, First-Out Method; Equivalent Units Refer to the information for Saludable Inc..

Saludable Inc. produces a freeze-dried kale powder. Drying is the first department, and its output is measured in pounds. Saludable uses the FIFO method. All manufacturing costs are added uniformly. For November, the drying department provided the following information:
Production:
Units in process, November 1, 70% complete 6,000 pounds Units completed and transferred out 34,500 pounds Units in process, November 30, 60% complete 4,000 pounds Costs:
Work in process, November 1 $ 16,380 Costs added during November 130,800

Required:
1. Calculate the equivalent units for November.
2. Calculate the unit cost. (Note: Round to two decimal places.)
3. Assign costs to units transferred out and EWIP using the FIFO method.

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