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Information concerning a production department of Fido Incorporated for April is as follows: Units April...

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Accounting

Information concerning a production department of Fido Incorporated for April is as follows: Units April 1 7,000 Transferred Out in April 42,000 April 30 5,000 Transferred In Cost Materials Conversion Total Beginning W/P $15,000 $11,200 $12,800 ? Costs this Period $83,710 $75,500 $93,000 ? Conversi9n was 20% completed on April 1 and 40% completed on April 30. All materials are added at the beginning of the process. What is the dollar amount in Ending Work in Process under the W/A method? What is the dollar amount Transferred Out under the W/A method? What is the dollar amount in Ending Work in Process under the FIFO method? What is the dollar amount Transferred Out under the FIFO method? What is the dollar per equivalent unit for materials under FIFO method?

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