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Please complete part A and B completely label each answer 13 of 100 Grand Band Corporation produces a semiconductor chip used on communications. The direct
Please complete part A and B completely label each answer
13 of 100 Grand Band Corporation produces a semiconductor chip used on communications. The direct materials are added at the start of the Ss production process while conversion costs are added uniformly throughout the production process. Grand Band had no inventory at the , start of June. During the month, it incurred direct materials costs of $945,000 and conversion costs of $4,600,000. Grand Band started 500,000 chips and completed 300,000 of them in June. Ending inventory Question Help was 50% complete as to conversion costs. Compute (a) the equivalent units of work done in June, and (b) the total manufacturing cost per chip. Allocate the total costs between the completed chips and those in ending inventory Flow of Production Units Work in process, beginning 500,000 Started during current period To account for Completed and transferred out during current period: Started and completed Work in process, ending Accounted for Equivalent unts of work done in current period then click Check Step by Step Solution
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