The following information pertains to production activities in the Refining Department of Storm Corporation. All units in

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The following information pertains to production activities in the Refining Department of Storm Corporation. All units in work in process were costed using the weighted average cost flow assumption.

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Required:

1. What were the conversion costs per equivalent unit of production last period and this period?

2. What was the conversion cost in the work-in-process inventory account at November 28?

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Related Book For  book-img-for-question

Introduction to Managerial Accounting

ISBN: 978-1259105708

5th Canadian edition

Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan

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