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can someone help me please. its a 3 part. yhe first picture goes for all 3 parts. The following information applies to the questions displayed
can someone help me please. its a 3 part. yhe first picture goes for all 3 parts.
The following information applies to the questions displayed below) Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional Information for the first process follows. Direct Materials Percent Complete 1ee Conversion Percent Complete sex Units 64,00 887,000 755,000 196,000 100% BOX Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 370,890 91,180 $ 462,070 2,482,110 1,732,420 4,214,530 $ 4,676,600 Prev COD 2 1 3 of 3 Next > db Untitled document.pdf 74F EN search Required: 1. Compute equivalent units of production for both direct materials and conversion Equivalent Units of Production (EUP) - Weighted Average Method Direct Materials Conversion Units Percent EUP Percent EUP Complete Complete Total units 03 2. Compute cost per equivalent unit of production for both direct materials and conversion Cost per equivalent unit of production Materials Conversion Costs Total costs - Equivalent units of production (from part 1) Cost per equivalent unit of production Costs EUP EUP 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process Inventory (Round "Cost per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Cost assignment-Weighted average Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for + Step by Step Solution
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