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Posted: November 19th, 2023

FIFO Method Assignment

The debits to work in process assembly department for April together with data concerning production are as follows

April 1 work in process

material cost 3000 units $7712

conversion cost 3000 units 40% completed 5139

Materials added during April 10000 units 25601

conversion cost during April 32091

goods finished during April 12000 units 0

April 30 work in process 1000 units 40% completed 0

all direct materials are added at the beginning of the process and the FIFO method is used to cost inventories. The conversion cost per equivalent unit for April is ____Get Accounting homework help today

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