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Problem Assume the following cost data in continuation of Problem 1. Work in process, August 1: Materials 2,400 Labor 1,800 Overhead 1,200 Current costs incurred
Problem
Assume the following cost data in continuation of Problem 1.
Work in process, August 1:
Materials 2,400
Labor 1,800
Overhead 1,200
Current costs incurred
Materials 9,600
Labor 4,200
Overhead 3,300
1. Compute for the material unit cost
2. Compute for the labor unit cost
3. Compute for the overhead unit cost
4. Compute for the cost of In-process beginning
5. Compute for the total cost of completed and transferred
6. Compute for the cost of In-process ending
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