Question: First-COME,First-Served Method cost initial WIP inventory Units started in April Ending WIP Inevntory Total equivalent units price per comparable unit Direct materials $6,920 2,000 510

First-COME,First-Served Method cost initial WIP inventory Units started in April Ending WIP Inevntory Total equivalent units price per comparable unit Direct materials $6,920 2,000 510 units 2,510 units $2.76perunit Conversion costs $36,590 2,000 510 unis 2,510 units $14.58 per unit Expense of final WIP inventory: Cost Direct materials Conversion costs Total Ending WIP inventory 40% complete 80% complete 510 units*$2.76 per unit*40% complete $565.20 $1,381.60 $1,946.80

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