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(Managerial Accounting...Process Costing Problem) Please I need help! Thank you Production: Beginning work in process 2000 units that are 100 % complete as to materials
(Managerial Accounting...Process Costing Problem) Please I need help! Thank you Production: Beginning work in process 2000 units that are 100 % complete as to materials and 20% complete as to conversion costs; units started and finished 11,000 units; and ending work in process 1000 units that are 100% complete as to materials and 40 % complete as to conversion costs. Manufacturing costs: Work in process, September 1 $15, 200; materials added $60,000; labor and overhead $143,000 a.) compute the equivalent units of production for (1) materials and (2) conversion costs for the month of September b.) Compute the unit costs for the month c.) Determine the costs to be assigned to the units transferred out and in process
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