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PLEASE ANSWER ASAP EFG Corporation's packaging department for the month of December has the following data: Units No. of Units % Completion WIP as of
PLEASE ANSWER ASAP
EFG Corporation's packaging department for the month of December has the following data: Units No. of Units % Completion WIP as of Dec. 1 250 40% Started to Process 3.500 WIP as of Dec. 31 500 65% Costs WIP as of Dec. 1 Material 9,000 Conversion Cost 6,750 Costs added to Production Material 525,600 Conversion Cost 619,800 Required: Prepare the COPR using WAM Method. The company adds 20% of material at the beginning of the process, 30% at 75% of the process and the rest at 100%. Conversion cost is applied evenly. Use 2 decimal places EFG Corporation Cost of Production Report For the month ended December Department Finished and transferred Units WDM EPM WDC to the next department Total Units transferred EPC WIP. End Forum momenten Department WDM EPM WDC EPC Finished and transferred Units to the next department Total Units transferred WIP. End Total Units as Accounted [for Amount Unit Cost Cost Analysis Cost incurred during the month Material Labor Overhead Total cost to be Accounted for Finished and to be Accounted for Amount Finished and transferred to the next department Total Cost of Transfer WIP Ending Cost from previous department Cost this month Total Cost las Accounted for Previous Step by Step Solution
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