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Please help me solve this question, thanks very much!! The following information applies to ALL parts of Process Costing question. Bell Computers, Ltd., located in
Please help me solve this question, thanks very much!!
The following information applies to ALL parts of Process Costing question. Bell Computers, Ltd., located in Melbourne assembles a standardised personal computer from parts it purchases from various suppliers. The production process consists of several steps, starting with assembly of the "mother" circuit board, which contains the central processing unit. This assembly takes place in the CPU Assembly Department. Data for May follow: Units to be accounted for: WIP, May 1: materials 20% complete; conversion 40% complete 5,000 Started into production 29,000 Total units 34,000 Units accounted for as follows: Transferred to next department 30,000 WIP, May 31: materials 75% complete; conversion 50% complete 4,000 Total units 34,000 Cost to be accounted for: Materials Conversion Total WIP, May 1Step by Step Solution
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