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Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, as shown below. Cost Information and
Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, as shown below.
Cost Information and the Weighted Average Method Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, as shown below. 1. Calculate the unit cost for December, using the weighted average method. Do not round interim calculations and, if required, round your answer to the nearest cent. $ per equivalent unit 2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for. Cost of goods transferred out: : per unit Cost Information and the Weighted Average Method Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, as shown below. 1. Calculate the unit cost for December, using the weighted average method. Do not round interim calculations and, if required, round your answer to the nearest cent. $ per equivalent unit 2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for. Cost of goods transferred out: : per unit
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