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K Carol Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are
K Carol Carpet manufactures broadloom carpet in seven processes: spinning, dyeing, plying, spooling, tufting, latexing and shearing. In the Dyeing Department, direct materials (dye) are added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Information for November 2024 follows: (Click the icon to view the data.) Read the requirements. Total units to account for Units accounted for: Completed and transferred out Ending work-in-process Total units accounted for COSTS Costs to account for: Beginning work-in-process Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted or Total costs accounted for 665 550 115 665 $ Transferred In $ 550 115 S 665 3,700 $ 21,570 25,270 $ 665 38.00 $ 550 115 665 Direct Materials 1,450 $ 11,185 550 12,635 $ 665 19.00 $ 92 Conversion Costs 642 4,950 $ 53,472 58,422 $ 642 91.00 Total Costs 10,100 86,227 96,327 Clear all 0 Check answer
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