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Cunningham Paper Corporation produces wood pulp that is issued in making paper. A Company uses the FIFO costing approach. The following data pertain to the
Cunningham Paper Corporation produces wood pulp that is issued in making paper.
A Company uses the FIFO costing approach.
The following data pertain to the companys production of pulp during September:
Percentage Complete
Direct Conversion
Tones Materials Costs
Work in Process, August
Placed into production
Work in Process, September
Required:
a Prepare a Schedule of Equivalent Units Schedule A of Production for September;
b Reconstruct Work in Process Inventory T Account for Units Recap;
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