Required information [The following information applies to the questions displayed below.] Annin...
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Required information The following information applies to the questions displayed below. Annin Laboratories uses the FIFO method to account for its workinprocess inventories. The accounting records show the following information for February: Beginning WIP inventory Direct materials $ Conversion costs Current period costs Direct materials Conversion costs Quantity information is obtained from the manufacturing records and includes the following: Compute the cost of goods transferred out and the ending inventory for February using the FIFO method. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Cost of goods transferred out Cost of ending inventory 
Required information
The following information applies to the questions displayed below.
Annin Laboratories uses the FIFO method to account for its workinprocess inventories. The accounting records show the
following information for February:
Beginning WIP inventory
Direct materials $
Conversion costs
Current period costs
Direct materials
Conversion costs
Quantity information is obtained from the manufacturing records and includes the following:
Compute the cost of goods transferred out and the ending inventory for February using the FIFO method.
Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar.
Cost of goods transferred out
Cost of ending inventory
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