Question
On July 1: Beginning inventories = 750 units, 60% complete Direct materials cost = $5,925 Conversion costs = $4,095 During July: 15,000 units started Direct
On July 1: Beginning inventories = 750 units, 60% complete
Direct materials cost = $5,925
Conversion costs = $4,095
During July: 15,000 units started
Direct materials added = $150,000
Conversion costs added = $83,520
On July 31: Ending inventories = 1,500 units, 40% complete
Using the weighted average method, the number of equivalent units of material was:
(Please show work)
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Financial Accounting An International Introduction
Authors: David Alexander
7th Edition
129229583X, 978-1292295831
