# 17

The following production data has been given for a factory;

Units in Process, July 1 1,000

( materials 90% complete, conversion costs 30% complete)

Units started into production 20,000

Units in Process, July 31 2,000

( Materials 80% complete, conversion costs 40% complete)

Work in Process on July 1

Materials costs $1,890

Conversion cost $987

Costs per Equivalent unit

material $2.22

conversion $3.31

What are the costs assigned to units transferred to the next department using the first in first out method ( FIFO) method?