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Lily Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production
Lily Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July T12-Tables Work in process units, July 1 0 Units started into production 23,200 Work in process units, July 31 3,480 Work in process percent complete 60 Cost Data-July Work in process, July 1 $0 Materials 440,800 Labor 271,904 Overhead 120,640 Total $833,344 (a3) Your answer is incorrect. Determine the unit costs of production. Unit costs-T12 Tables $ eTextbook and Media Save for Later (a4) Materials Conversion Costs Total Costs $ Assistance Used Attempts: 1 of 3 used Submit
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