Current Attempt in Progress Oriole Company has the following production data for March 2022: no beginning...
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Current Attempt in Progress Oriole Company has the following production data for March 2022: no beginning work in process, units started and completed 33,000, and ending work in process 5,500 units that are 100% complete for materials and 40% complete for conversion costs. Oriole uses the FIFO method to compute equivalent units. If unit materials cost is $5 and unit conversion cost is $9. The total costs to be assigned are $509,300. prepare the "costs accounted for" section of the production cost report for Oriole Company using the FIFO method. ORIOLE COMPANY (Partial) Production Cost Report For the Month Ended March 31, 2022 Conversion Unit costs Total costs Materials Equivalent units Unit costs Costs to be accounted for In process, March 1 Started into production Costs $ $ $ Total Equivalent units Unit costs Costs to be accounted for In process, March 1 Started into production Total costs Costs accounted for Transferred out In process, March 1 Started and completed In process, March 31 Materials Conversion costs Total costs $ $ SUPPOR Current Attempt in Progress Oriole Company has the following production data for March 2022: no beginning work in process, units started and completed 33,000, and ending work in process 5,500 units that are 100% complete for materials and 40% complete for conversion costs. Oriole uses the FIFO method to compute equivalent units. If unit materials cost is $5 and unit conversion cost is $9. The total costs to be assigned are $509,300. prepare the "costs accounted for" section of the production cost report for Oriole Company using the FIFO method. ORIOLE COMPANY (Partial) Production Cost Report For the Month Ended March 31, 2022 Conversion Unit costs Total costs Materials Equivalent units Unit costs Costs to be accounted for In process, March 1 Started into production Costs $ $ $ Total Equivalent units Unit costs Costs to be accounted for In process, March 1 Started into production Total costs Costs accounted for Transferred out In process, March 1 Started and completed In process, March 31 Materials Conversion costs Total costs $ $ SUPPOR
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