Written Question 5 – Part 1 Fill in the spaces below, assumi…
Written Question 5 – Part 1 Fill in the spaces below, assuming that Gazorpazorp uses FIFO for process costing (10 points). What is the cost per equivalent unit? (Round to the nearest cent; e.g., round 12.341 to 12.34). Use the rounded number to assign costs. Transferred in costs (2 points) Materials costs (2 points) Conversion costs (2 points) What is the dollar value of the total costs assigned to the units? (Integer values only). Completed and transferred out (2 points) Ending inventory (2 points) Note: When entering your solution, use numeric values only (no commas, no dollar signs, no spaces, etc.). For cost per equivalent unit, round your answer to the nearest cent if rounding is needed (e.g., round 3.721 to 3.72). Use the rounded number when assigning costs. For assigned costs, enter integer values.