Pix Company has the following production data for March: no
beginning work in process, units started and completed 25,000, and
ending work in process 6,000 units that are 100% complete for
materials and 40% complete for conversion costs. Pix uses the FIFO
method to compute equivalent units. If unit materials cost is $6
and unit conversion cost is $15, determine the costs to be assigned
to the units transferred out and the units in ending work in
process. The total costs to be assigned are $597,000.
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