Question: please answer the exercises in the following answer format . please follow the exact answer format EXERCISE: Beginning Inventory 711 units 69% complete in Materials

please answer the exercises in the following answer format . please follow the exact answer format


EXERCISE: Beginning Inventory 711 units 69% complete in Materials and 43% Complete in conversion or Units started and completed 7,954 units Ending Inventory 609 units 48% complete to material and 25% complete to conversion Prior Month Shaping and Milling Dept MATERIALS CONVERSION Total Cost of Beginning WIP Inventory...... 9,700..................$5,575............$15,275 Costs added during the period........ ...$369,600.......... ..$350,900......... ..$720,500 (EUP 4 FIFO Total Cost (a).... ..$379,300..... ..$356,475..............9735,775 (WA) Required: Prepare the schedule of EUP for Weighted Average and FIFO methods and for application of costs Answer format Costs Beginning Costs added during the period Total Cost (WA) WEIGHTED AVERAGE Materials Conversion Total Beg.Iny* M C* Cost to complete BI M" Units started completed EI M" WA Total EUP Total Cost (WA) Rate WA EUP Fifo Total EUP Fifo Total Cost FiFo Rate EUP APPLICATION OF COST Materials Conversion Total Costs EI Cheat Costs of TRSF out Total Cost (WA) My Costs Difference FIFO Costs Beginning Cost to compete BI Cost added during period EI Total Cost (WA) My costs Difference
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