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Paragraph Using the table below compute amounts for the following a. Cost of units completed and transferred out b. Cost of normal spoilage c. Cost
Paragraph Using the table below compute amounts for the following a. Cost of units completed and transferred out b. Cost of normal spoilage c. Cost of abnormal spoilage d. Cost of ending work in process \begin{tabular}{|l|l|l|l|l|} \hline & & Transferred In & Direct Materials & Conversio \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} The Assembly Department of Fast Motors operates a Weighted Average process-costing system in which all direct materials are added at the beginning of the process and conversion are added throughout the process. Spoilage is detected at inspection, which occurs when the production process is 80% complete. Normal spoilage is 15% of good output. Any spoiled units are sold for a zero net proceeds. The following information pertains to the Assembly Department's March 2014 production activities: Paragraph Using the table below compute amounts for the following a. Cost of units completed and transferred out b. Cost of normal spoilage c. Cost of abnormal spoilage d. Cost of ending work in process \begin{tabular}{|l|l|l|l|l|} \hline & & Transferred In & Direct Materials & Conversio \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} The Assembly Department of Fast Motors operates a Weighted Average process-costing system in which all direct materials are added at the beginning of the process and conversion are added throughout the process. Spoilage is detected at inspection, which occurs when the production process is 80% complete. Normal spoilage is 15% of good output. Any spoiled units are sold for a zero net proceeds. The following information pertains to the Assembly Department's March 2014 production activities
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