Question: c1 and c2 needs confirmation on correction Ch 7 HW Assignment i Soved Help Save & Exit Submit You received partial credit In the previous

c1 and c2 needs confirmation on correction

c1 and c2 needs confirmation on correction Ch 7
Ch 7 HW Assignment i Soved Help Save & Exit Submit You received partial credit In the previous attempt. View previous attempt Check my work 2 PR 7-8 (Algo) (LO 7.2, 7.3) Star Solar Panels accounts for... points Star Solar Panels accounts for production costs using the first In, first out (FIFO) method of process costing. Direct materials are all added at the beginning of production and conversion costs are Incurred uniformly during production. =Bock In September, Star Solar Panels had 8,700 units In beginning work-In-process that were 45 percent complete with respect to conversion costs. The company began production on another 40,400 units In September, and It had 14.200 units In ending work-In-process that were 60 percent complete with respect to conversion costs. Print Star Solar Panels reported the following production cost Information for September: Direct Conversion References Materials Costs Beginning WIP costs $ 49, 706 $ 22, 406 Costs added in the current period $ 977, 060 $ 294,600 Required: Question Answer a. What are the equivalent units of production for direct materials in September? 40.400 units b. What is September's cost per equivalent unit for conversion costs? Note: Do not round 7.44 your intermediate calculations. Round your final answer to 2 decimals. c1. What are the total costs transferred out of production? Note: Do not round your S 1,327 278.00 intermediate calculations. Round your final answer to 2 decimals. c2. What is the total cost of ending work-in-process inventory? Note: Do not round your S 423.971.00 intermediate calculations. Round your final answer to 2 decimals

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