Question: The company uses FIFO method in its process costing system. The production information is provided below Work in process, beginning - 150 units Materials level

The company uses FIFO method in its process costing system. The production information is provided below Work in process, beginning - 150 units Materials level of completion - 60% Conversion level of completion - 60% Materials cost of BB is $657 Conversion cost of BB is $3,051 Units started during the month 11,000 Units completed and transferred out 10,900 Materials cost added to production during the month $82,218 Conversion cost added to production during the month $364,029 Work in process,

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