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Chapter 16 - Homework Sa Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March.
Chapter 16 - Homework Sa Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March. 70 points Units Beginning work in process inventory Started Ending work in process inventory 7,000 Costs Beginning work in process inventory 3,500 35,000 Direct materials $ 3,815 11,592 eBook Conversion $ 15,407 299,180 259,280 362,992 $936,859 $106,834 Status of ending work in process inventory Direct materials added Hint Materials-Percent complete 100% Direct labor added Conversion-Percent complete 40% Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory Print References Prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per EUP, and its cost assignment and reconciliation. Use the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Total Costs to Account for: Total costs to account for Total costs accounted for Difference due to rounding cost/unit nit Reconciliation: Units to account for: Total units to account for Total units accounted for: Total units accounted for
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