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Cullumber Company has the following production data for March 2022: no beginning work in process, units started andcompleted 25,200, and ending work in process 4,200 units that are 100% complete for materials and 40% complete forconversion costs. Cullumber uses the FIFO method to compute equivalent units. If unit materials cost is $7 and unit conversioncost 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 $501,480.
Completed and transferred out $
Ending work in process $
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221 HW4 Ch 21
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