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hello, i need help with the rest. i got the calculation for the equivalent units of production correct for materials which is 275,000. Waterway Company
hello, i need help with the rest. i got the calculation for the equivalent units of production correct for materials which is 275,000.
Waterway Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 21,000 254,000 25,400 60 % 100 % $110,000 $501,484 $187,100 Compute equivalent units of production for materials and for conversion costs. The equivalent units of production Solution Your Answer Correct Answer * Your answer is incorrect. Unit costs $ Materials Materials Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) 275000 $ Conversion Costs Conversion Costs Show the assignment of costs to units transferred out and in process. Transferred out Ending work in process 10 Step by Step Solution
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