Refer to the information in Exercise 6.28. Information From Exercise 6.28 A department started 10,000 units last
Question:
Information From Exercise 6.28
A department started 10,000 units last month, and the total cost per equivalent unit was $5.00. The department completed and transferred 8,000 units to fi nished goods inventory. There was no beginning or ending WIP inventories.
REQUIRED
A. Prepare journal entries for the spoilage if it is all considered normal.
B. Prepare journal entries for the spoilage if it is all considered abnormal.
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Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
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