Question
Peach Corporation manufacturers peach products. They use a process costing system to track their manufacturing costs. They have total physical units of 19,600. Of these
Peach Corporation manufacturers peach products. They use a process costing system to track their manufacturing costs. They have total physical units of 19,600. Of these units, 5,800 remained in process at the end of the period. The total direct materials equivalent units for the period is determined to be 18,556 units.
What is the direct materials percentage of completion for the unfinished units?
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Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
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