$($Appendix $6$A$)$ First$-$In$,$ First$-$Out Method; Equivalent Units

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

Units completed and transferred out

$6,000$ pounds

Units in process, November $30,60\%$ complete

$34,500$ pounds

$4,000$ pounds

Costs:

Work in process, November $1$

Costs added during November

Required:

Calculate the equivalent units for November.

equivalent units

Calculate the unit cost.

$$

per unit

Assign costs to units transferred out and EWIP using the FIFO method.

Cost of goods transferred out

$

Cost of ending work in process

$