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1. ABC Company manufactures a product which goes through one process only. The product costs and the given below relate to the recent period;
1. ABC Company manufactures a product which goes through one process only. The product costs and the given below relate to the recent period; Beg. WIP... Direct Material cost..... 6,375 units ...$ 7,605 Conversion cost... $4,365 During Period: Units started..... Direct Mat. cost added.. 91,950 units $ 110,350 Direct Lab. Cost added.......... $ 36,950 Manuf. Overh. Cost applied..... $ 47,065 End. WIP.. Direct Material.. Conversion...... 5,100 units 100% completed .50% completed Prepare the production report. (round your numbers)
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
1st edition
1111822360, 978-1337116619, 1337116610, 978-1111822378, 1111822379, 978-1111822361
