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In March, Kelly Company had the following unit production costs: materials $10 and conversion costs $9. On March 1, it had no work in process.
In March, Kelly Company had the following unit production costs: materials $10 and conversion costs $9. On March 1, it had no work in process. During March, Kelly transferred out 25,000 units. As of March 31, 3,600 units that were 34% complete as to conversion costs and 100% complete as to materials were in ending work in process. Compute the total units to be accounted for. Total units Compute the equivalent units of production. Materials Conversion costs The equivalent units production Prepare a cost reconciliation schedule, including the costs of materials transferred out and costs of materials in process. Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs Total costs Question Attempts: 0 of 4 used
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