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Accounting

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Use the following information for the Department to calculate the required for the month of June. The company uses FIFO method. Beginning inventory (June 1) Units of product 8 326 % of completion - direct materials 21 % % of completion direct labour 37 % % of completion-factory overhead 62 % Units started during June 39 814 29 058 Units transferred from Department X to Department Yin June Ending inventory (June 30) Units of product % of completion direct materials 75 % % of completion direct labour 29% % of completion-factory overhead 73% 19082 Manufacturing costs during June: Direct materials 1 234 189 $ Direct labour 953 456 $ Factory overhead 548 971 $ Required - Calculate: 1. Physical flow of units 2. Equivalent units of production for (FIFO method): a. Direct materials b. Direct labour c. Factory overhead 3. Cost per equivalent unit

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