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Company receives 200,000 units with total associated cost of $ 80,000 from preceding department Additional Cost Added Cost of Materials - Cost of Labor
Company receives 200,000 units with total associated cost of $ 80,000 from preceding department Additional Cost Added Cost of Materials - Cost of Labor Cost of Overhead- Additional Information 1. Stages of completion for all work-in-process excluding materials are 50% 2. 150,000 units were completed and transferred to the next department for continuing $ 25,000.00 $ 40,000.00 $ 50,000.00 process. 3. 50,000 units were still in process up to the end of the production within the department. Requirements: Please select the correct answers from the below listed questions and please do again as would be necessary to satisfy the requirement to these questions. 1. What is the unit cost received? 2. Unit cost from proceeding department will be 3. Unit cost for labor is calculated as 4. Unit completed and transferred (a) 50,000 units (b) 100,000 units
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1 To calculate the unit cost received we need to add up the total cost associated with the 200000 un...Get Instant Access to Expert-Tailored Solutions
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