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PLEASE ZOOM IN... 600 TOWELS WERE IN PROCESS AND WERE 60% COMPLETE. THE COSTS INCURRED WERE $2,517. DURING THW MONTH COSTS OF $24,750 WERE INCURRE,
PLEASE ZOOM IN... 600 TOWELS WERE IN PROCESS AND WERE 60% COMPLETE. THE COSTS INCURRED WERE $2,517. DURING THW MONTH COSTS OF $24,750 WERE INCURRE, 3,300 TOWELS WERE STARTED AND 300 TOWELS WERESTILL IN PROCESS AT THE END OF THE MONTH. AT THE END OF THE MONTH THE TOWELS WERE 20% COMPLETE..
In its Department R, Recycles, Inc., proc rap cloth into towds for sal loca thrift shops. It sells the prairts at cost. The drect maisiais costs zera but the operation req and costs Incuradineach pen00. Attnen start of the current period 5001owels were Inprocess and were 50 percent complete. The costs incurred vere 52,517 During the month, costs of $24,750 were incurred, 3300 1owels were started and 3001owels were sti process at 1he end of the month. A the end the monn, the lowels were 20 percent complete. Required a Prepare a production cost report the company uses weighted average process costing. (Round "Conversion costs" to 2 decimal places.) ECYCLERS Production Cost Report-Weighted A Compute Equivalent Units low of Product Beginning Unia started period Unrs completed andtranserred out Unns In ending WMP memory Costs Costs be accounted for Costs in beginning WMP inventory nted for Cost per equvalent Conversion costs Costa asaigned units transerted out Comverson costs of di labor and overhead The Pami casting system and tracks the prStep by Step Solution
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