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ANSWER ALL PARTS require we keep track of the costs for their business. If we don't separate the costing, we won't know how profitable either
ANSWER ALL PARTS
require we keep track of the costs for their business. If we don't separate the costing, we won't know how profitable either business is. The following is production and cost information for a typical month, July. Required: a. Compute the unit costs of M-Solv and C-Solv for July using the current system (job costing) at Bouwens. b. Compute the costs of M-Solv and C-Solv for July if Bouwens were to treat all production as the same (combining B-155 and B-159 production). c. Recommend a costing method that best reflects the cost of producing M-Solv and C-Solv. d. For your recommended costing system, compute the cost of both M-Solv and C-Solv for July. 1. Compute the unit costs for materials and conversion costs separately. 2. Then compute conversion costs for the factory. 3. Now, compute the unit product cost. Complete this question by entering your answers in the tabs below. 1. Compute the unit costs for materials and conversion costs separatelyStep by Step Solution
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