Question: Just need answer, will give thumbs up for correct answer! Question 36 (2.5 points) Based on the information below, compute the cost of units completed

Question 36 (2.5 points) Based on the information below, compute the cost of units completed and transferred out (including normal spoilage) using FIFO method for process costing. assume that costs per equivalent unit under FIFO are $4 for DM and $5 for CC (The same table is used for Questions 35 and 36.) Physical units Direct materials Conversion costs Beginning WIP 22 $200 $110 Started 78 Good units completed & transferred out 75 Normal spoilage 10 Abnormal spoilage 5 Ending WIP 10 7: Total costs added during current month $1,500 $2,000 Degree of completion for BWIP: DM 100%: CC 40% Degree of completion for BWIP: DM 100%; CC 40% Degree of completion for EWIP: DM 100%; CC 20% e 5: a) $899 Ob) $987 age 6: Oc) $943 d) $860 Page 7 7 Previous Page Next Page Page 36 of 40 Build
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