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i need assitance with the following problem. please show me how you work it out The following information concerns production in the Baking Department for
i need assitance with the following problem. please show me how you work it out
The following information concerns production in the Baking Department for March All det materials are placed in process at the beginning of production ACCOUNT Work in Process Baking Department ACCOUNT NO. Date Item Balance Debit Credit Debit Credit Mor. 1 Bal 32,800 units, completed 29,520 31 Direct materials, 604,000 units 18.3.200 512,720 31 Direct labor 110,00 622,900 39 Factory overhead 165,022 787,922 31 Goods fished, 594,200 units 742,340 45,582 31 Bal 2 units, completed 45,582 a. Based on the above data determine each cost listed below Round cost per equivalent unit" answers to the nearest ceat 1. Direct materials.cost per valent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during March 4. Cost of units started and completed during March 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for February and March, and the conversion cost per equivalent increase, decrease or remain the same in March Step by Step Solution
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