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cost of goods transferred out? cost of ending inventory? Bellevue Chemicals had beginning...

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Accounting

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cost of goods transferred out?
cost of ending inventory?
Bellevue Chemicals had beginning work-in-process inventory of $241,665 on March 1. Of this amount, $102,175 was the cost of direct materials and $139,490 was the cost of conversion. The 24,020 units in the beginning inventory were 45 percent complete with respect to direct materials and 65 percent complete with respect to conversion costs. During March, 58,030 units were transferred out and 14,100 remained in ending inventory. The units in ending inventory were 70 percent complete with respect to direct materials and 15 percent complete with respect to conversion costs. Costs incurred during March amounted to $828,055 for direct materials and $967,178 for conversion. equired: . Compute the equivalent units for the materials and conversion cost calculations. . Compute the cost per equivalent unit for direct materials and for conversion costs for March using the FIFO method

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