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QUESTION 2: Final Co produces product A and uses process costing system. No materials are lost in the process, so one kg of material input
QUESTION 2: Final Co produces product A and uses process costing system. No materials are lost in the process, so one kg of material input produces one kg of final good. Direct labour and overhead costs are incurred uniformly throughout the process. Information given for a process below: b. Calculate the cost per equivalent unit of production for May. c. What will be the cost of the units in the ending work in process inventory at the end of May? d. What will be the cost of the units completed and transferred out
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