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Please help me with the following question thank you! Alpha Company had the following information for FY 2017: Work in Process-1/1/17 100,000 units 575,000 units
Please help me with the following question thank you!
Alpha Company had the following information for FY 2017: Work in Process-1/1/17 100,000 units 575,000 units 75,000 units Units Started into Production Work in Process-12/31/17 Direct Material put into Production Conversions Costs put into $575,000 $843,750 Production The beginning work in process was 100% complete as to direct materials and 75% complete as to conversion costs. The ending work in process was 100% complete as to direct materials and 50% complete as to conversion costs. The beginning work in process consisted of: $943,750 5303,750 Direct Material Conversion Costs Alpha Company uses the wei prepare the Cost Allocation section of the Cost of Production Report for FY 2017 Round all final dollar values to the nearest whole dollar.) (Note: there are additional lines in the blank answer schedule.) method. Use this information to Alpha Company For the Year Ended 12/31/17Step by Step Solution
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