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Process Costing at Johnson & Johnson Values: Total Production Costs: $1,500,000 Equivalent Units: 50,000 Requirements: Calculate the cost per equivalent unit using the weighted average
Process Costing at Johnson & Johnson
Values:
- Total Production Costs: $1,500,000
- Equivalent Units: 50,000
Requirements:
- Calculate the cost per equivalent unit using the weighted average method.
- Prepare a reconciliation of units.
- Compute the cost of goods transferred out and the ending inventory.
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
