FIFO method (continuation of 17-35).
Required:
Do Problem 17-35 using the FIFO method of process costing. If you did Problem 17-35, explain any difference Required
between the cost of work completed and transferred out and the cost of ending work in process in the assembly department under the weighted-average method and the FIFO method.

Physical Units (Frames) 95 Direct Conversion Materials Costs $ 988 $ 1,665 Work in process, April 1a Started during April 2012 Completed during April 2012 Work in process, April 30 Total costs added during April 2012 a Degree of completion: direct materials, 100%; conversion costs, 40%. b Degree of completion: direct materials, 100%; conversion costs, 30%. 490 455 130 $17,640 $11,856