Bishop Company uses the FIFO method in its process costing system. The Mixing Department started the month with 500 units in a process that was 20% complete, started in production 2,000 units, and transferred 2,100 units to the finished goods storage area All materials are added at the beginning of the process and conversion costs occur evenly. The units in process at the end of the month are 45% complete with respect to conversion costs. The department incurred the following costs:

	Beginning	Added this month	Total
Direct Materials	$500	$2,000	$2,500
Conversion Costs	1,250	5,450	6,700
Total	$1,750	$7,450	$9,200

14A. How many units are still in process at the end of the month?

15A. Compute the equivalent units of production for the Mixing Department for the current month.

16A. Determine the cost per equivalent unit for the current period for direct materials and conversion costs.

17A. Determine the cost to be transferred to the next department.

Try it! Bishop Company uses the FIFO method in its process costing system. The Mixing Department started the month with 500 units in process that were 20% complete, started in production 2,000 units, and transferred 2,100 units to the finished goods storage area. All materials are added at the beginning of the process and conversion costs occur evenly. The units in process at the end of the month are 45% complete with respect to conversion costs. The department incurred the following costs: Beginning WIP Added this month Total Direct Materials $ 500 $2,000 $ 2,500 Conversion Costs 1,250 5,450 6,700 Total $1,750 $ 7,450 $ 9,200 14A. How many units are still in process at the end of the month? 15A. Compute the equivalent units of production for the Mixing Department for the current month. 16A. Determine the cost per equivalent unit for the current period for direct materials and conversion costs. 17A. Determine the cost to be transferred to the next department