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1 Exercise 4-8 (Algo) Equivalent Units: Cost per Equivalent Unit; Assigning Costs to Units-Weighted- Average Method [L04-2, L04-3, L04-4] Helix Corporation uses the weighted average

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1 Exercise 4-8 (Algo) Equivalent Units: Cost per Equivalent Unit; Assigning Costs to Units-Weighted- Average Method [L04-2, L04-3, L04-4] Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Percent completo units Materials Conversion work in process inventory, May 1 63,000 Set work in process inventory, May 11 aterials cost in work in process inventory, May 1 $ 51,00 Conversion cost is work process eventory, May 1 Units started to production Units transferred to the next production department teras contade during May Cel conte during my Required: 1 Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Come the first production department's cost of ending work in process inventory for materials, conversion and in total for May 4 Comode the first production department's cost of the units transferred to the next production department for materials, conversion and total for May Complete this question by entering your awers in the tabs below. Comanda Total Type here to search Next > E S Z

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