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5:48 PM OO AT&T LTE https www.mathxl.com /Student/Player Test.aspx?testld 151979 30 Florian Deda & 3/15/17 5:48 PM ACC 320-11360 MW Managerial/Accounting ll Quiz: Chapter 17

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5:48 PM OO AT&T LTE https www.mathxl.com /Student/Player Test.aspx?testld 151979 30 Florian Deda & 3/15/17 5:48 PM ACC 320-11360 MW Managerial/Accounting ll Quiz: Chapter 17 HW Submit Quiz This Question 1 pt This Quiz 2 pts possible 2 of 2 (2 complete) IE Question Help McKNight Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system at McKNight has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs) Direct materials are added when the assembly department process is 10% complete. Conversion costs are added evenly during the assembly department's process. McKNight uses the FIFO method of process costing. Consider the following data for the assembly department in April 2014: Requirement 1 Summarize total assembly department costs for April 2014, and assign total costs to units completed (and transferred out) and to units in ending work in process. Begin by calculating the physical units and equivalent units. (For amounts with a 0 balance, make sure to enter 0 in the appropriate cell) Choose from any list or enter any number in the input fields and then continue to the next

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