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Daosta Incorporated uses the FIFO method in its process costing system. The following date concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process 800 Percent complete with respect to materials 400 Percent complete with respect to conversion 200 Conta in the beginning Inventory Materials cont $ 560 Conversion cost $ 2,126 Units started into production during the month 22,000 Units completed and transferred out 22.000 costs added to production during the months Materials cont $ 51,00 Conversion cost $ 502,60 Work in process, anding Units in process 100 500 Percent complete with respect to materials 500 Percent complete with respect to conversion Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs, b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Daosta Incorporated uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month, Work in process, beginnings Units in proces Percent complete with respect to materials 800 Percent complete with respect to conversion 400 203 Costs in the beginning inventory: Materials coat $ 560 Conversion cost $ 2,126 Units started into production during the month 22,000 Units completed and transferred out 22,000 Conts added to production during the month Materials cost $ 51,888 Conversion cost $ 582,688 Work in process, ending! Units in proce 800 Percent complete with respect to materials 501 Percent complete with respect to conversion 505 Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Reqc Reg d Reqa Regb

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