Question: Krollon Company uses the FIFO method in es process costing system. The following data are for the most recent month of operations in one of

Krollon Company uses the FIFO method in es process costing system. The following data are for the most recent month of operations in one of the company's processing departments unite in begiming Inventory Units started Inte production Units in ending inventory Units transferred to the next department 500 beginning Imentery Percentage completion of military The cost of beginning inventory according to the company's costing system was $12.800, of which $7680 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $256,977. The costs per equivalent unit for the month were as follows Cost per valent unit Required 1. Compute the total cost per equivalent unit for the month (Round your answer to 2 decimal places) 2 Compute the equivalent units of material and of conversion costs in the ending inventory Materials Conversion 4 12 por Krollon Company uses the FIFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments: units in beginning Inventory Units started into production Units in ending inventory Units transferred to the next department 640 6,300 500 6,440 Percentage completion of beginning inventory Percentage completion of ending inventory Materials Conversion 70% 30% 40% The cost of beginning inventory according to the company's costing system was $12,800, of which $7.680 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $256,977. The costs per equivalent unit for the month were as follows Cost per equivalent unit Required: materials $17.00 Conversion $23.00 1. Compute the total cost per equivalent unit for the month (Round your answer to 2 decimal places.) 2. Compute the equivalent units of material and of conversion costs in the ending inventory Mials Conversion Equivalent units

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