esc 1 View Policies ! Current Attempt in Progress Sunland Company has the following production data for March 2027: no beginning work in process, units started and completed 28,200, and ending work in process 4,700 units that are 100% complete for materials and 40% complete for conversion costs. Sunland uses the FIFO method to compute equivalent units. If unit materials cost is $7 and unit conversion cost is $11, determine the costs to be assigned to the units completed and transferred out and the units in ending work in process. The total costs to be assigned are $561,180. Completed and transferred out Ending work in process eTextbook and Media Save for Later SA $ $ MacBook Pro -> C Search or type URL ! @ # $ % & 2 3 4 5 6 √ 20 7 LL F R T Y U 00 * 8 Attempts: 0 of 2 used Submit Answer O P

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Current Attempt in Progress
Sunland Company has the following production data for March 2027: no beginning work in process, units started and completed
28,200, and ending work in process 4,700 units that are 100% complete for materials and 40% complete for conversion costs. Sunland
uses the FIFO method to compute equivalent units. If unit materials cost is $7 and unit conversion cost is $11, determine the costs to
be assigned to the units completed and transferred out and the units in ending work in process. The total costs to be assigned are
$561,180.
Completed and transferred out
Ending work in process
eTextbook and Media
Save for Later
SA
$
$
MacBook Pro
->
C
Search or type URL
!
@
#
$
%
&
2
3
4
5
6
√ 20
7
LL
F
R
T
Y
U
00 *
8
Attempts: 0 of 2 used
Submit Answer
O
P
Transcribed Image Text:esc 1 View Policies ! Current Attempt in Progress Sunland Company has the following production data for March 2027: no beginning work in process, units started and completed 28,200, and ending work in process 4,700 units that are 100% complete for materials and 40% complete for conversion costs. Sunland uses the FIFO method to compute equivalent units. If unit materials cost is $7 and unit conversion cost is $11, determine the costs to be assigned to the units completed and transferred out and the units in ending work in process. The total costs to be assigned are $561,180. Completed and transferred out Ending work in process eTextbook and Media Save for Later SA $ $ MacBook Pro -> C Search or type URL ! @ # $ % & 2 3 4 5 6 √ 20 7 LL F R T Y U 00 * 8 Attempts: 0 of 2 used Submit Answer O P
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