Question: please help me to solve this 2. ShavinInc. uses a process costing system to account for the manufacture of a select fuel product. The following

please help me to solve this

please help me to solve this 2. ShavinInc. uses a process costing

2. ShavinInc. uses a process costing system to account for the manufacture of a select fuel product. The following information is available for the Mixing Department for month of May 2013: Beginning WIP 7000 units Stage of Completion 100% DM 60% conversion Costs in beginning inventory DM $ 11550 Conversion costs $ 12450 Started during May 14000 units | 19000 units Completed and transferred out during May Cost added during May DM $28000 Conversion costs $53550 Ending WIP 2000 units Stage of completion 100% to materials 25% to conversion Required: Prepare a production cost for Mixing Department for May, assuming Shavin Inc. uses the FIFO method

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