Computing equivalent production for materials, cost per unit, and ending work in process. The following data are

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Computing equivalent production for materials, cost per unit, and ending work in process. The following data are given for the Assembly Department of the Mercury Company in November 19X4:

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a. What is the equivalent production for materials during the month?

b. What is the materials cost per equivalent unit?

c. What is the materials cost in the ending inventory of work in process?

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Cost Accounting Principles And Applications

ISBN: 9780070081529

5th Edition

Authors: Horace R. Brock

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Question Posted: Jun 21, 2024 09:04 AM

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Computing equivalent production for materials, cost per unit, and ending work in process. The following data are

Question:

Beginning inventory, -0- Units transferred in during month, 30,000 Units transferred out to next department during month, 24,000 Ending work in process, 6,000 (75 percent complete as to materials) Material costs incurred for the month, $3,028,125

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Cost Accounting Principles And Applications

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