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H i - T Company uses the weighted average method of process costing. Information for the company's first production process follows. Complete this question by
T Company uses the weighted average method of process costing. Information for the company's first production process follows. Complete this question by entering your answers in the tabs below.
Required
Required C
Compute the cost per equivalent unit for both direct materials and conversion.
Note: Round "Cost per EUP" to decimal places. inventory.
Complete this question by entering your answers in the tabs below.
Required
Required B
Required C
Assign costs to the department's outputspecifically, to the units transferred out and to the units in ending work in process inventory.
Note: Round "Cost per EUP" to decimal places.
tableCost assignmentWeighted averageEUP,Cost per EUP,Total costCompleted and transferred outDirect materialsConversionTotal Completed and transferred outEnding work in processDirect materialsConversionTotal ending work in process,,,
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All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process.
a Compute the equivalent units of production for both direct materials and conversion.
b Compute the cost per equivalent unit for both direct materials and conversion.
c Assign costs to the department's outputspecifically, to the units transferred out and to the units in ending work in process
inventory.
Complete this question by entering your answers in the tabs below.
Compute the equivalent units of production for both direct materials and conversion.
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