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Coronado Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production

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Coronado Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department T12-Tables Production Data-July 0 Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 24,000 3,600 60 Cost Data-July Work in process, July 1 Materials $0 456,000 281,280 Labor Overhead Total 124,800 $862,080 Screenshot Your answer is correct. Compute the physical units of production. T12 Tables Units to be accounted for 24000 e Textbook and Media Attempts: 1 of 3 used (a2) Your answer is partially correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables 24000 Screenshot

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