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Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for
Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2017 are as follows. Percent Production Data-Basketballs Work in process units, July 1 Units started into production Work in process units, July 31 Cost Data-Basketballs Work in process, July 1 UnitsComplete 60% 550 1,400 570 40 % Materials $750 Conversion costs Direct materials Direct labor Manufacturing overhead 610 $1,360 2,370 1,510 1,280 (al) Calculate the equivalent units of production for materials and conversion costs Materials Conversion Costs Equivalent Units LINK TO TEXT LINK TO TEXT Attempts: 0 of 3 used
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