Question: The Sarton Processing Company had work in process at the beginning and end of March 2017 in its Painting Department as follows: IIIB) (Click the

 The Sarton Processing Company had work in process at the beginning
and end of March 2017 in its Painting Department as follows: IIIB)
(Click the kon 10 vew the work-in-process infortmation.) The compeny completed 100,000
units during March. Manutacturing costs incurred during March were direct materlals costs
of $210,000 and corversion coats of $300,000. Invantory at March 1 wins

The Sarton Processing Company had work in process at the beginning and end of March 2017 in its Painting Department as follows: IIIB) (Click the kon 10 vew the work-in-process infortmation.) The compeny completed 100,000 units during March. Manutacturing costs incurred during March were direct materlals costs of $210,000 and corversion coats of $300,000. Invantory at March 1 wins carried at a cost of $40,000 (direct materials $30,000 and conversion costs $10,000 ). Assuming Sarton uses FIFO costing, dotermine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in anding irvontory: Begin by entaring the physical units in first, then calculate the equivalent units. Now calculate cost per equivaldat unit for direct matorials and comersion costs. seguming Sarton uses FIFO costing. determine the equivalent units of work done in March, and calculate the cost of units comploted and the cost of units in ending itiventory 7 by calculating the fotal from bef palculating the total

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