Business, 17.08.2019 18:10 baileysosmart

Sparky corporation uses the fifo method of process costing. the following information is available for february in its molding department: units: beginning inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion. units started and completed: 110,000.units completed and transferred out: 135,000.ending inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. costs: costs in beginning work in process - direct materials: $43,000.costs in beginning work in process - conversion: $48,850.costs incurred in february - direct materials: $287,000.costs incurred in february - conversion: $599,150.calculate the cost per equivalent unit of materials.

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Sparky corporation uses the fifo method of process costing. the following information is available f...