Vacumatic, Inc. uses the FIFO method in its process costing system. The following data concern...
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Vacumatic, Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department Assembly for a recent month. Required: Using the FIFO method: a Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs b Determine the cost per equivalent unit for materials and conversion costs. Materials Conversion Costs 
Vacumatic, Inc. uses the FIFO method in its process costing system. The following data concern the
operations of the company's first processing department Assembly for a recent month.
Required:
Using the FIFO method:
a Determine the equivalent units of production for materials and conversion costs.
Materials
Conversion Costs
b Determine the cost per equivalent unit for materials and conversion costs.
Materials
Conversion Costs
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