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Ambassador Lubncants (AL) produces vallous ofl and synthetic-based products One of the products is produced at the company's Bndge Plant in a single depaitnent. Two
Ambassador Lubncants (AL) produces vallous ofl and synthetic-based products One of the products is produced at the company's Bndge Plant in a single depaitnent. Two materials are used in the productoon process. Material A is introduced at the beginning of the process Material 8 is added when the unts are 60 percent complete with respect to conversion costs. Dato for production during sune follows The beginnang work an-process inventory was 75 percent complete with respect to conversion resources. The ending work.in.process inventory was 25 peicent complete Pequired: 6. Prepare a production cost ieport assuming that Ambassador Lubncants uses the weighted-average method of process costing b. Piepare a productoon cost teport assuming that Ambassador tubricants uses the fifo method of process costing Complete this question by entering your answers in the tabs below. Prepare a production cost report aswuming that Ambassador Lubricants uses the welghted-average methed of process costing. Note: flound "Cost per equivalent unit" to 2 decinal places. Reund your final answers to nearest whole number. Prepare a production cost report assuming that Ambassador Lubricants uses the weighted-average method of process costing
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