Question: Using the data in BE3-10, prepare the cost section of the production cost report for Pix Company. In BE3-10 Pix Company has the following production

Using the data in BE3-10, prepare the cost section of the production cost report for Pix Company.

In BE3-10

Pix Company has the following production data for March: no beginning work in process, units started and completed 30,000, and ending work in process 5,000 units that are 100% complete for materials and 40% complete for conversion costs. Pix uses the FIFO method to compute equivalent units. If unit materials cost is $6 and unit conversion cost is $10, determine the costs to be assigned to the units transferred out and the units in ending work in process. The total costs to be assigned are $530,000.

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