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procosing department for a recent month. Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion
procosing department for a recent month.
Work in process, beginning:
Units in process
Percent complete with respect to materials
Percent complete with respect to conversion
costs in the beginning inventory:
Materials cost
Conversion cost
$
$
tableUnits started into production during the month,Units completed and transferred out,
costs added to production during the month:
Materials cost
$
Conversion cost
$
Work in process, ending:
Units in process
Percent complete with respect to materials
Percent complete with respect to conversion
Required:
Using the FIFO method:
a Determine the equivalent units of production for materials and conversion costs.
b Determine the cost per equivalent unit for materials and conversion costs.
c Determine the cost of ending work in process inventory.
d Determine the cost of units transferred out of the department during the month.
Complete this question by entering your answers in the tabs below.
Rea b
Reac
Reqd
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