Blossom company has the following production data for march 2022; no beginning work in process, units started
Fantastic news! We've Found the answer you've been seeking!
Question:
Blossom company has the following production data for march 2022; no beginning work in process, units started and completed 37200 and ending work in process 6200 units that are 100% complete for materials and 40% complete for conversion costs. Blossom uses the FIFO method to compute equivalent units. If unit materials costs is $7 and unit conversion cost is $11, determine the costs to be assigned to the units completed and transferred out and the units in ending work in process. the total costs to be assigned are $740280.
Completed and transferred out: $..................
ending work in process: $....................
Posted Date: