FIFO method:

Transferred to the next department:

From the beginning work in process inventory:
Cost in beginning work in process inventory...............
Cost to complete these units:
Materials, 360 EUs at $9.50 per EU............................
Conversion, 140EUs at $20.40 per EU............................
Total cost from beginning inventory............................
Units started and completed this month, 3,130 units at
$29.90 per unit..............................................................
Total cost transferred to the next department............

Work in process, October 31:

Materials, 330 EUs at $9.50 per Equivalent units............................
Conversion, 264 EUs at $20.40 per EU.......................
Total work in process, October 31.............................
 Amount

$ 1,920

$ 3,420
$ 2,856
$ 8,196

$ 93,587
$ 101,783

$ 3,135
$ 5,386
$ 8,521