Question
Holton Company has the following equivalent units for July: materials 10,000 and conversion 9,000. The production cost data are: Work in progress, July 1 Material
Holton Company has the following equivalent units for July:
- materials 10,000 and conversion 9,000.
The production cost data are:
- Work in progress, July 1 Material cost $4,800, conversion costs $2,250.
The added costs during July were:
- for materials, $37,800; per conversion, $31,500.
Unit production costs for July are:
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
