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Please solve for unit costs and units transferred out and Units ending work in process. Exercise 16-09 a-c (Video) (Part Level Submission) Coronado Company has
Please solve for unit costs and units transferred out and Units ending work in process.
Exercise 16-09 a-c (Video) (Part Level Submission) Coronado Company has gathered the following information. 0 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs 37,000 7,500 40 % Materials 100 % Costs incurred: Direct materials Direct labor $77,700 $62,400 $106,600 Overhead (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production 37000 32500 (b) * Your answer is incorrect. Try again. Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs X X Unit costs 2.08 5.18 (c) * Your answer is incorrect. Try again. Show the assignment of costs to units transferred out and in process. (Round answers to O decimal places, e.g. 1,225.) Units transferred out Units in ending work in processStep by Step Solution
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