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Can somebody please help me with this Question 1. Macro Machines is a engines for an international ATV corporation. Every engine passes through twodepartments: the
Can somebody please help me with this
Question 1. Macro Machines is a engines for an international ATV corporation. Every engine passes through twodepartments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system at Macro Machines has a single direct-cost category(direct materials) and a single indirect-cost category (conversion costs). Direct materials are added when the assembly department process is 10% complete. Conversion costs are added evenly during the assembly department's process. Macro uses the weighted-average method of process costing. Consider the following data for the assembly department in April: aDegree of completion: direct materials, 100%; conversion costs, 40%. 'Degree of completion: direct materials, 100%; conversion costs, 15%. Required: Summarize total assembly department costs for April, and assign them to units completed (and transferred out) and to units in ending work in processStep by Step Solution
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