Question: Please help me with this question fEasy Inc. uses the FIFO method in its process costing system. The following data concern the operations 0fthe company's

Please help me with this question

Please help me with this question \fEasy Inc. uses the FIFO methodin its process costing system. The following data concern the operations 0fthecompany's first processing department for a recent month. Work in process, beginning:

\fEasy Inc. uses the FIFO method in its process costing system. The following data concern the operations 0fthe company's first processing department for a recent month. Work in process, beginning: Units in process 1,356 Percent complete with respect to materials 96% Percent complete with respect to conversion 16% Costs in the beginning inventory: Materials cost $ 1,962 Conversion cost 5 1,494 Units started into production during the month 24,566 Units completed and transferred out 24,666 Costs added to production during the month: Materials cost 5 ?1,??1 Conversion cost $543,398 Work in process, ending: Units in process 1,256 Percent complete with respect to materials ?6% Percent complete with respect to conversion ?6% | Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the labs below. Rqu and B Req Band D 3. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion oosts. {Round your answers to 2 decimal places.) aEqu-walemunitsorproduwon __ neoswerequwalenwnn __ Req C and D > Complete this question by entering wur answers in the labs helnw. RquandB ReqCandD a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. {Round your answers to 2 decimal places.) Req C and D &gt

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