Question: The production data has been given for a factory: Units in Process, July 1 1,000 (materials 90% complete, conversion costs 30% complete) Units Started into

The  production data has been given for a factory:

Units in Process, July 11,000
(materials 90% complete, conversion costs 30% complete)
Units Started into Production20,000
Units in Process, July 312,000
(materials 80% complete, conversion costs 40% complete)


Work in Process on July 1
Material costs$1,890
Conversion costs$987


Cost per Equivalent Unit
Materials$2.22
Conversion$3.31


Required
What are the costs assigned to units transferred to the next department using the first-in, first-out method (FIFO)?

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