In a process cost system, materials are added when the units are 45% complete, and conversion costs are incurred uniformly. EWIP is 40% complete. The
In a process cost system, materials are added when the units are 45% complete, and conversion costs are incurred uniformly. EWIP is 40% complete. The following data are available from the records for the month of March:
| Units | ||
| | ||
| BWIP at March 1 (50% complete) | 1,750 | |
| Units started in March | 2,225 | |
| Units completed in March | 2,900 |
What are the EUP for materials and conversion costs for March based on the weighted-average method?
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Authors: Les Heitger, Pekin Ogan, Serge Matulich
2nd Edition
053881764X, 978-0538817646
