Question: Check my work Pureform, Inc., uses the FIFO method in its process costing system. It manufactures a product that passes through two departments. Data for

 Check my work Pureform, Inc., uses the FIFO method in its

process costing system. It manufactures a product that passes through two departments.

Check my work Pureform, Inc., uses the FIFO method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow: 10 points Units MaterialS Labor Overhead 50,300 Work in process inventory, beginning Units started in process Units transferred out Work in process inventory, ending Cost added during the month 80,000 $122,200 $ 37,400 762,000 810,000 32,000 Skipped $1,650,340 392,700 431,200 eBook The beginning work in process inventory was 75% complete with respect to materials and 60% complete with respect to labor and overhead. The ending work in process inventory was 55% complete with respect to materials and 25% complete with respect to labor and overhead. Print References Required 1. Compute the first department's equivalent units of production for materials, labor, and overhead for the month. 2. Compute the first department's cost per equivalent unit for materials, labor, overhead, and in total for the month. (Round your answers to 2 decimal places.) Materials Labor Overhead Total 1. Equivalent units of production 2. Cost per equivalent unit Check my work 6 Data concerning a recent period's activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below: Materials Conversion Cost of work in process inventory at the beginning of the period Equivalent units in the ending work in process inventory Equivalent units required to complete the beginning work in process inventory Cost per equivalent unit for the period $ 3,600 490 640 $ 2.90 $ 720 230 1,300 $ 0.60 points eBook Hint A total of 25,500 units were completed and transferred to the next processing department during the period. Beginning work in process inventory consisted of 1,700 units and ending work in process inventory consisted of 1,900 units Print References Required: 1. Compute the Assembly Department's cost of ending work in process inventory for materials, conversion, and in total for the period 2. Compute the Assembly Department's cost of units transferred out to the next department for materials, conversion, and in total for the period Materials Conversion Total 1. Cost of ending work in process inventory 2. Cost of the units transferred to the next department

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