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Exercise 6,7,8 with explaination please Our Co's packaging department started April with a beginning WIP inventory of 120 units. During April, it transferred 720 units
Exercise 6,7,8 with explaination please
Our Co's packaging department started April with a beginning WIP inventory of 120 units. During April, it transferred 720 units to finished goods and its ending WIP inventory consists of 80 units. Complete the physical unit flow information below. Physical Unit Flow Units to be accounted for Beginning work in process Units started this period Total units to be account for Units accounted for as follows: Completed and transferred out Ending goods in process Total units accounted for as follows Exercise 7 Our Co's packaging department transferred 720 units to finished goods and its ending WIP inventory consists of 80 units which were 70% complete with respect to direct labor (direct materials are added at the beginning of the process). Overhead is applied based on direct labor. Calculate the equivalent units of production. coba Direct Direct Labor Factory Overhead Materials Equivalent Units of Production (EUP) Units completed and transferred out Units of Ending Work in Process Direct materials Direct labor Factory overhead Equivalent units of production (EUP) 29 Step by Step Solution
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