Assume that concrete creations used the FIFO method rather than the weighted average in its process costing system. Determine the equivalent units of production for the forming department for the month of may.

Assume that concrete creations used the FIFO method rather than the weighted average method in its process costing system. compute the cost per equivalent units of production for the forming department.Assume that concrete creations used the FIFO method rather than the weighted average method in its process costing system. calculate the total cost of ending work in process inventory as well as total cost of units transferred out for may.

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Concrete Creations manufactures concrete bird baths that are sold through retail outlets nationwide. The bird baths are made in a two-stage process. In the Forming Department, the concrete is poured into silicone molds where it is allowed to cure and set. Once set, the birdbaths are removed from the mold and sent to the Finishing Department where any imperfections are removed and the birdbaths are sprayed with a special sealant. Information for the Forming Department for the month of May is provided below. Percent Complete Work in Process, Beginning Started into Production Completed and Transferrred Out Work in Process, Ending Work in Process, beginning Cost added during period Units 10,000 90,000 80,000 20,000 Materials 100% 100% Materials $ $ Conversion 60% 40% Conversion 12,600 $ 12,400 167,400 $ 119,350 Concrete Creations manufactures concrete bird baths that are sold through retail outlets nationwide. The bird baths are made in a two-stage process. In the Forming Department, the concrete is poured into silicone molds where it is allowed to cure and set. Once set, the birdbaths are removed from the mold and sent to the Finishing Department where any imperfections are removed and the birdbaths are sprayed with a special sealant. Information for the Forming Department for the month of May is provided below. Percent Complete Work in Process, Beginning Started into Production Completed and Transferrred Out Work in Process, Ending Work in Process, beginning Cost added during period Units 10,000 90,000 80,000 20,000 Materials 100% 100% Materials $ $ Conversion 60% 40% Conversion 12,600 $ 12,400 167,400 $ 119,350

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