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Aion 5 (30 marks; 54 minutes) N Ltd makes one product in a single process. The details of the process for period 2 were as
Aion 5 (30 marks; 54 minutes) N Ltd makes one product in a single process. The details of the process for period 2 were as follows: There were 800 units in beginning work-in-process which were 100% complete for direct material, 60% complete for direct labour, and 50% complete for manufacturing overheads. These units were valued as follows' During the neriod 1800 units were added to the process and the following costs were incurred: There were 500 units in ending work-in-process, which were 100% complete for direct material, 90% complete for direct labour, and 40% complete for manufacturing overheads. CW Ltd uses the FIFO method. 1300 Required: 5.1 Prepare a production report for CW Ltd
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