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need help finding the last box! unit conversion cost The ledger of Hasgrove Company has the following work in process account. Work in Process-Painting 3/1
need help finding the last box! unit conversion cost
The ledger of Hasgrove Company has the following work in process account. Work in Process-Painting 3/1 Balance 3,7703/31 Transferred out? 3/31 Materials 6,600 3/31 Labor 2.800 3/31 Overhead 872 3/31 Balance ? Production records show that there were 800 units in the beginning inventory, 30% complete, 1,100 units started, and 1,400 units transferred out. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Hasgrove uses the FIFO method to compute equivalent units. Answer the following questions. (a) Your answer is correct. How many units are in process at March 31? Work in process, March 31 500 units e Textbook and Media Attempts: 1 of 5 used (b) Your answer is correct. What is the unit materials cost for March? (Round unit cost to 2 decimal places, eg. 2.25.) The unit materials cost for March $ 6 e Textbook and Media Attempts: 1 of 5 used (c) What is the unit conversion cost for March? (Round unit cost to 2 decimal places, eg. 2.25.) The unit conversion cost for March e Textbook and MediaStep by Step Solution
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