Question: Daosta inc, uses the FIFO method in its process costing system. The following data concern the operatons of the compary's trast processing department for a




Daosta inc, uses the FIFO method in its process costing system. The following data concern the operatons of the compary's trast processing department for a recent month. Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Dotermine the cost of units transferred out of the department during the month Complete this question by entering your answers in the tabs below. Determine the equivalent units of production for materials and cortversicn costs. Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Determine the equlvalent units of production for materials and conversion costs. a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Determine the cost per equivalent unit for materials and conversion costs. (Round your final answers to 2 decimal places.) Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Determine the cost of ending work in process inventory. Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Determine the cost of units transferred out of the department during the month
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