Paragraph Styles QUESTION TWO (13 MARKS) Kylie Electronics uses a process costing system to make their product and has only a single processing department. The following information pertains to operation for the month of September. Units Beginning work-in-process inventory 20,000 Started into production during May 100.000 Completed during May Ending work-in-process inventory 24,000 The beginning work-in-process inventory was 60% complete with respect to materials and 20% complete with respect to conversion costs. The ending work-in-process inventory was 90% complete with respect to materials and 40% complete with respect to conversion costs. The costs were as follows: Materials Conversion Beginning work-in-process inventory S 54,560 S 35.560 Costs incurred during May $463,840 $274,040 Complete the FIFO Production report in good form on the following page in the space provided. The Cost per equivalent unit section has been prepared for you No further work needs to be done for this section of the report, Ah Times New Rome JU MATE A al Alb Alb ABC Act And DE Womat Cupboard NYCH PRODUCTION REPORT MONTH ENDING September 19, 2011 Ostate Schedule and Equalis tato e scented for Quantity Schedule Total Units This accounted for at follows: Equivalent M Tocal Cost per Equivalent unit Total Con Com Beginnit WIP Cost Added during the month Total costs Cost per Equivalent $ 90,120 738,952 $929.000 $7.10 5440 5220 Cost Reconciliation Equivalent Materials Conversion