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CoronadoCompany has the following production data for March: no beginning work in process, units started and completed30,000, and ending work in process5,500units that are 100%
CoronadoCompany has the following production data for March: no beginning work in process, units started and completed30,000, and ending work in process5,500units that are 100% complete for materials and 40% complete for conversion costs.Coronadouses the FIFO method to compute equivalent units. If unit materials cost is $5and unit conversion cost is $12. The total costs to be assigned are $563,900, prepare the cost section of the production cost report forCoronadoCompany using the FIFO approach.
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