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need help with a3 Problem 3-5A (Part Level Submission) Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion
need help with a3
Problem 3-5A (Part Level Submission) Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2017 are as follows Percent Complete 6096 Production Data-Basketballs Work in process units, July 1 Units started into production Work in process units, July 31 Cost Data-Basketballs Work in process, July 1 Units 600 1,250 520 40 % Materials $770 Conversion costs Direct materials Direct labor Manufacturing overhead 610 $1,380 2,030 2,040 1,250 (a1) Your answer is correct. Calculate the equivalent units of production for materials and conversion costs MaterialsConversion Costs Equivalent Units 1850 1538Step by Step Solution
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