FIFO method		DM		Conv
	Physical	%	Equivalent	%	Equivalent
Units to be accounted for:	Units	Complete	Units	Complete	Units
Beginning inventory	400	50%	200	90%	360
Units started	11,000		10,920		10,040
Total	11,400		11,120		10,400
Units accounted for as follows:
Completed & transferred
from beg WIP	400		200		40
Started & completed **	10,200		10,200		10,200
Total	10,600		10,400		10,240
Ending inventory	800	90%	720	20%	160
Total	11,400		11,120		10,400
Started & completed **
Units started	11,000
Ending inventory	(800)
	10,200
Cost per equiv unit
Costs to be acct for:
WIP beginning	$ 10,876
Costs added during period	$ 349,816		$ 70,056		$ 279,760
Total	$ 360,692		$ 70,056		$ 279,760
Equiv units			11,120		10,400
Cost per equiv unit	$ 33.20		$ 6.30		$ 26.90
Cost reconcilliation			Equivlent units
Costs accounted for as follows:			Material		Conversion
From beginning inventory	$ 10,876
Cost to complete beg inventory			200		40
Material	$ 1,260
Conversion	$ 1,076
Cost from beginning inventory	$ 13,212
Started and completed	$ 338,640		10,200		10,200
Transferred out	$ 351,852
Ending WIP
Material	$ 4,536		720
Conversion	$ 4,304				160
	$ 8,840
Total costs accounted for	$ 360,692