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Answer the question of management accounting . Please provide correct answers one of the tutor provided with wrong answer . PLEASE READ THE QUESTION CAREFULLY
Answer the question of management accounting .
The cutting department of Groneman Manufacturing has the following production and cost data for July. Production Costs 1. Transferred out 11.550 units. Beginning work in process $0 2. Started 3,450 units that are 60% Materials 40,500 complete in terms of conversion Labour 16,400 costs and 100% complete in terms of materials at July 31. Manufacturing overhead 14.926 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. X Your answer is incorrect Determine the equivalent units of production for materials and conversion costs. Materials Conversion Costs Total equivalent units 8,100 9,480 eTextbook and Media Your answer is partially correct. Calculate unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 15.25.) Unit costs Materials $ Conversion costs s 3.30 Cost Reconciliation Schedule Costs accounted for 4,596 Transferred out Work in process, July 31 Materials A 40.500 26,730 67,230 Conversion costs $ $71,826 Total costs Please provide correct answers one of the tutor provided with wrong answer .
PLEASE READ THE QUESTION CAREFULLY AND ANSWER WITH CORRECT SOLUTION .
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