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please help me here cording manufacturing costs in a JIT costing system uc produces electronic calculators. Suppose Dubuc's standard cost per calculato 27 for direct
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cording manufacturing costs in a JIT costing system uc produces electronic calculators. Suppose Dubuc's standard cost per calculato 27 for direct materials and $63 for conversion costs. The following data apply to ust activities: $ 6,700 14,000 irect materials purchased (on account) onversion costs incurred umber of calculators produced umber of calculators sold (on account, at $115 each) 200 calculators 195 calculators uirements repare summary journal entries for August using JIT costing, including the entry ist the Conversion Costs account. he beginning balance of Finished Goods Inventory was $1,700. Use a T-account the ending balance of Finished Goods InventoryStep by Step Solution
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