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CALCULATOR PRINTER VERSION BACK Brief Exercise 16-11 Sheffield Company has the following production data for March: no beginning work in process units started and completed
CALCULATOR PRINTER VERSION BACK Brief Exercise 16-11 Sheffield Company has the following production data for March: no beginning work in process units started and completed 26,000, and ending work in process 5,100 units that are 100% complete for materials and 40% complete for conversion costs. Sheffield uses the FIFO method to compute equivalent units. If unitateals cost is $7 and unit conversion cost is $12. The total costs to be assigned are $554,180, prepare the cost section of the production cost report for Sheffield Company using the FIFO approach SHEFFIELD COMPANY (Partial Production Cost Report For the Month Ended March 31 COSTS Materials Conversion Costs Urt costs Total costs Equivalent units Unit costs Costs to be accounted for in process, March 1 Started into production Total cost Costs accounted to Unit costs Total costs Equivalent units Unit costs Costs to be accounted for In process, March 1 Started into production Total costs Costs accounted for Transferred out In process, March 1 Started and completed In process, March 31 Materials Conversion costs Total costs Click if you would like to Show Work for this question: Open Show Work
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