Refer to the data in Exercise 8-28. Cost data for November show the following: Required a. Compute

Question:

Refer to the data in Exercise 8-28. Cost data for November show the following:

                                         

Required
a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted-average method.
b. Compute the cost per equivalent unit for materials and conversion costs for November.

Data From Exercise 8-28:

Materials are added at the beginning of the production process at Campo Company. Campo uses a FIFO process costing system. The following information on the physical flow of units is available for the month of November:

                              

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Related Book For  book-img-for-question

Fundamentals of Cost Accounting

ISBN: 978-1259565403

5th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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