process costing one process and two time periods fifo costing method 502084

7100 288000 295100 7100 0 0 1420 0.2 275600 275600 1 275600 1 12400 12400 1 2480 0.2 295100 288000 279500 7590 2480 5110 352350 100800 251550 359940 100800 288000 0.35 251550 279500 0.9 1.25 0.35 0.9 7590 1278 0 1278 344500 96460 248040 353368 6572 4340 2232 359940 12400 310000 322400 12400 0 0 9920 0.8 293100 293100 1 293100 1 16900 16900 1 5070 0.3 322400 310000 308090 6572 4340 2232 395081 117800 277281 401653 117800 310000 0.38 277281 308090 0.9 1.28 0.38 0.9 6572 8928 0 8928 375168 111378 263790 390668 10985 6422 4563 401653 Enter appropriate amount or item in the shaded cells. Use the drop-down lists when available. An asterisk (*) will appear next to an incorrect entry in the outlined cells. Leave no cells blank. Ensure to enter “0” wherever applicable. Process Costing: One Process and Two Time Periods—FIFO Costing Method Doover Company Process Cost Report—FIFO Costing Method For the Month Ended April 30 Beginning inventory Equivalent Units Units started this period Units to be accounted for Units started and completed Ending inventory Units accounted for Direct Materials Conversion Costs Physical Units = + Current costs Total costs Total Costs Cost per equivalent unit / Equivalent units Current cost Cost of goods manufactured and transferred out: From beginning inventory Current costs to complete Units started and completed Cost of goods manufactured For the Month Ended May 31 Name : SOLUTION Section : 1. 3. Round unit costs to two decimal places. P 17-07_Sol P 03-07 Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as percentage incurred. Enter as…