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Compute equivalent units of production for materials and for conversion costs. Units in beginning work in process Units started into production Units in ending work
Compute equivalent units of production for materials and for conversion costs.
Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs 0 36,000 6,000 40 % 100 % Materials Costs incurred: Direct materials $72,000 Direct labor $61,000 Overhead $101,000
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
