Question
Question Content Area Equivalent Units of Production: Average Cost Method The Converting Department of Osaka Napkin Company uses the average cost method and had 2,400
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Question Content Area
Equivalent Units of Production: Average Cost Method
The Converting Department of Osaka Napkin Company uses the average cost method and had 2,400 units in work in process that were 80% complete at the beginning of the period. During the period, 30,200 units were completed and transferred to the Packing Department. There were 1,300 units in process that were 10% complete at the end of the period.
a. Determine the number of whole units to be accounted for and to be assigned costs for the period. fill in the blank -
b. Determine the number of equivalent units of production for the period. fill in the blank -
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
