Chapter 6, Problem 39BEB

Use the following information for Brief Exercises 6-39 and 6-40:

Saludable Inc. produces a freeze-dried kale powder. Drying is the first department, and its output is measured in pounds. Saludable uses the FIFO method. All manufacturing costs are added uniformly. For November, the drying department provided the following information:

6-39 (Appendix 6A) First-In, First-Out Method; Equivalent Units

Refer to the information for Saludable Inc. above.

Required:

1. 1. Calculate the equivalent units for November.
2. 2. Calculate the unit cost. (Note: Round to two decimal places.)
3. 3. Assign costs to units transferred out and EWIP using the FIFO method.