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answer. the two pictures belong to the same question PROCESS COSTING P UNITS COMPLETED IN MAY UNITS ENDNG INVENTORY IN wip 100,000 20,000 80% COMP
answer. the two pictures belong to the same question
PROCESS COSTING P UNITS COMPLETED IN MAY UNITS ENDNG INVENTORY IN wip 100,000 20,000 80% COMP NATL 20% COMP CONVERSION MATERIAL COSTS INCURRED DURING THE MONTH $ 464,000 ERSION COSTS INCURRED DURING THE MONTH S 312,000 OPERATING EXPENSES USING THE WEIGHTED AVERAGE METHOD COMPUTE A EQUIVALENT UNITS OF PRODUCTION FOR MATERIAL AND CONVERSION B UNIT COST FOR MATERIAL AND CONVERSION EUP C TOTAL COST FOR COMPLETED UNITS D COSTS FOR ENDING WORK IN PROCESS E IF 40,000 UNITS ARE SOLD FOR $20/UNIT MAKE THE ENTRY FOR THE SALE MAKE THE ENTRY FOR THE COST OF SALE PREPARE AN INCOME STATEMENT J WHAT IS THE ENDING COMPLETED GOODS BALANCE IN UNITS AND IN DOLLARS AFTER THE SALE G MAKE THE ENTRY FOR COST OF GOODS MANUFACTURED H WHAT IS THE TOTAL MANUFACTURING COST FOR MAY OH IS 60% OF DIRECT LABOR WHAT IS THE TOTAL PRIME COST I WHAT IS THE TOTAL CONVERSION COSTStep by Step Solution
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