For each of the following independent cases, use FIFO costing to determine the information required....
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Accounting
For each of the following independent cases, use FIFO costing to determine the information required. Beginning inventory amounted to 1.000 units. This period 4.500 units started and completed. At the end of the period, the 3,000un.inventory were 30% complete. Using Fifo costing, the EU for the period was 5,600 units. What was the percentage completion of the beginning inventory? The ending inventory included $87,000 for conversion costs. During the period, 42,000 EU were required to complete the beginning invengtory, and 60,000 units were started and completed. The ending inventory represented 10,000 EU of work this period. What arc the total conversion costs incurred this period. In the beginning inventory, 5,000units were 40% complete with regard to materials. During this period 40,000 units were transferred out. Ending inventory consisted of 7,000 units that were 70 % complete with respect to materials. How many units were started and completed during the period. At the start of the period. 4.000 units were in the work in process inventory- 3000units were in the end.ng mvcntory. During the period 9,500 units were transferred out to Z next department. Materials and conversion are added evenly throughout the production process. How many units were started this period

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