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Jordana Woolens is a manufacturer of wool clothing. The information for March follows: Beginning work in process was 50% done for Conversion costs. Direct materials
Jordana Woolens is a manufacturer of wool clothing. The information for March follows:
Beginning work in process was 50% done for Conversion costs. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete.
prepare in good form the Production Cost Worksheets using the Weighted Average Method
Beginning work in process Units started Units completed 10,000 units 20,000 units 25,000 units Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Conversion costs added during month $ 6,000 $ 2,600 $30,000 $17,000Step by Step Solution
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