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Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: table
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: tableEquivalent units in ending work in process inventory,Materials Conversion,cost per equivalent unit,$ A total of units were completed and transferred to the next processing department during the period. Required: Compute the cost of ending work in process inventory for materials, conversion, and in total. Compute the cost of the units completed and transferred out for materials, conversion, and in total. Note: For all requirements, round your final answers to the nearest whole dollar amount. Answer is complete but not entirely correct. tablelaterials,Conversion,Total Cost of ending work in process inventory,$
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below:
tableEquivalent units in ending work in process inventory,Materials Conversion,cost per equivalent unit,$
A total of units were completed and transferred to the next processing department during the period.
Required:
Compute the cost of ending work in process inventory for materials, conversion, and in total.
Compute the cost of the units completed and transferred out for materials, conversion, and in total.
Note: For all requirements, round your final answers to the nearest whole dollar amount.
Answer is complete but not entirely correct.
tablelaterials,Conversion,Total Cost of ending work in process inventory,$
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