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Crane Products assembles its lava rock bracelet in an assembly department. The assembled units then move into the finishing department, where conversion costs are added
Crane Products assembles its lava rock bracelet in an assembly department. The assembled units then move into the finishing department, where conversion costs are added evenly throughout the process. The following information is for Crane Products' finishing department for the month of October.
Fill in the missing equivalent unit and degree of completion information in Step 2 and work backward to recreate the detail of Step 1.
Crane Products assembles its lava rock bracelet in an assembly department. The assembled units then move into the finishing department, where conversion costs are added evenly throughout the process. The following information is for Crane Products' finishing department for the month of October. Step 2: Determine physical status of units and convert into equivalent units Fill in the missing equivalent unit and degree of completion information in Step 2 and work backward to recreate the detail of Step 1. 1. How complete were the units in beginning inventory for conversion costs? 2. At what point in this finishing department are DM resources added to the units? If you are unable to specify an exact point in the process, give as narrow a range as possible. DM are added to units in this finishing department when the units are between % andStep by Step Solution
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