Question: please answer Required information Exercise 8.43 & 8.44 (Algo) (LO 8-5) (The following information applles to the questions displiyed below] Annin Laboratories uses the FIFO
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Required information Exercise 8.43 \& 8.44 (Algo) (LO 8-5) (The following information applles to the questions displiyed below] Annin Laboratories uses the FIFO method to account for its work-in-process inventories. The accounting records show the following information for February Ouantity informistion is obtained from the manufacturing records and includes the following: Exerclse 8-43 (Algo) Compute Costs per Equlvalent Unit: FIFO Method (LO 8-5) Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivalent unit for direct materials and fo? conversion costs for February using the FIFO method. Complete this question by entering your answers in the tabs below. Compute the equivalent units for the materials and conversion cost calculations. xercise 8-43 (Algo) Compute Costs per Equlvalent Unit: FIFO Method (LO 8-5) equired: . Compute the equivalent units for the materials and conversion cost calculations. . Compute the cost per equivalent unit for direct materials and fol conversion' costs for February using the FiFO method. Complete this question by entering your answers in the tabs below. Compute the cost per equivalent unit for direct materials and for conversion costs for February using the Firo method. (Round your answers to 2 decimal places.) Exerclse 8-44 (Algo) Assign Costs to Goods Transferred Out and Ending Inventory: FIFO Method (LO 5) Compute the cost of goods transferred out and the ending inventory for February using the FIFO method. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar
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