Finder File Edit View Go Window Help cf_assessment3_template 82% Wed 7:42 PM 105% + T View Zoom Add Category Insert Table Chart Text Shape Media Comment Collaborate Assessment 3 Part 1 Assessment 3 Part 2 Assessment 3 Part 3 Assessment 3 Part 4 Table Cell Text Format Organize Arrange A B 1 Assessment 3 Part 1: Prepare a Production Cost Report: FIFO Method 23 Scenario 4 567 D E Lamar, Inc. provides the following information for one of its department's operations for May (no new material is added in Department T): WIP inventory-Department T Beginning inventory (16,500 units, 60 percent complete with respect to Department T costs) 8 Transferred-in costs (from Department S) 9 Department T conversion costs 10 Current work (38,500 units started) 11 Prior department costs 12 13 Department T costs $127,600 58,465 308,000 229,955 The ending inventory has 5,500 units, which are 20 percent complete with respect to Department T costs and 100 percent complete for prior department costs. REQUIRED Prepare a production cost report using the FIFO method. 24 26 28 29 34 15070222222222223333 14 16 18 19 || Table Styles Table Options Title Caption Headers & Footer Rows Columns Table Font Size A Table Outline 0 36 19 1 pt Outline Table Title Gridlines Alternating Row Color Text Assessment 3 Part 1: Prepare a Production Cost Report: FIFO Method NOV 17 "