The following information concerns production in the Forging Department for April. The Forging Department uses the average

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The following information concerns production in the Forging Department for April. The Forging Department uses the average cost method.

ACCOUNT NO. ACCOUNT Work in Process-Forging Department Balance Credit Debit Debit Credit Date Item Apr. 1 Bal., 500 unit

a. Determine the cost per equivalent unit.
b. Determine the cost of units transferred to Finished Goods.
c. Determine the cost of units in ending Work in Process.


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Accounting

ISBN: 9780538475006

24th Edition

Authors: Carl S Warren, James M Reeve, Jonathan Duchac

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