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Cost Information During October, McCourt Associates incurred total production costs of $103,950 for copyediting manuscripts and had the following equivalent units schedule: Units completed
Cost Information During October, McCourt Associates incurred total production costs of $103,950 for copyediting manuscripts and had the following equivalent units schedule: Units completed 315 Units in EWIP x Fraction complete: 25 x 0.6 15 Equivalent units 330 Required: 1. Calculate the cost of copyediting one manuscript for October per manuscript 2. Assign costs to manuscripts completed and to EWIP and then do a cost reconciliation. Manuscripts completed EWIP Total assigned
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