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Hi i need help with 8 - 3 5 / 3 6 also with it is probelm 8 - 3 3 so you have the
Hi i need help with also with it is probelm so you have the data you need thankyou
Compute Costs per Equivalent Unit: WeightedAverage Method
LO
The Matsui Lubricants plant uses the weightedaverage method to account for its workinprocess inventories. The accounting records show the following information for a particular day.
tableBeginning WIP inventory,,Direct materials,$Conversion costs,Current period costs,,Direct materials,Conversion costs,
Quantity information is obtained from the manufacturing records and includes the following.
tableBeginning inventory, units complete as to materials, complete as to conversionCurrent period units started, unitsEnding inventory, units complete as to materials, complete as to conversion
Required
Compute the cost per equivalent unit for direct materials and conversion costs.
Compute Costs per Equivalent Unit: FIFO Method
LO
Using the data in Exercise compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method,
Assign Costs to Goods Transferred Out and Ending Inventory: FIFO Method
LO
Refer to the data in Exercises and Compute the cost of goods transferred out and the ending inventory using the FIFO method.
I n
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