Question: TB Problem 3 - 1 3 2 ( Algo ) Sierra Company has provided the following... Sierra Company has provided the following information: Work in

TB Problem 3-132(Algo) Sierra Company has provided the following...
Sierra Company has provided the following information:
Work in Process, February 125,500units(100% complete for materials, 60% complete for conversion)Materials$ 35,200Conversion$ 43,600Units started80,300unitsFebruary costs:Materials$ 139,000Conversion$ 245,000Work in Process, February 2815,300units(100% complete for materials, 20% complete for conversion)
Required:
Using the FIFO method of process costing, determine the following:
Physical units completed and transferred to Finished Goods
Equivalent units for both direct materials and conversion costs
Total cost per equivalent unit
Note: Round the intermediate calculations andfinal answer to 2 decimal places.
The value assigned to units transferred to Finished Goods
Note: Round your "Cost per Equivalent" to 2 decimal places. Round your final answer to nearest whole dollar amount.
The cost assigned to ending Work in Process
Note: Round your "Cost per Equivalent" to 2 decimal places. Round your answer to the nearest whole dollar amount.

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