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Remaining Time: 1 hour, 01 minute, 09 seconds. Question Completion Status: Beginning work in process Units started Units completed 1,000 units 2,000 units 2,500 units
Remaining Time: 1 hour, 01 minute, 09 seconds. Question Completion Status: Beginning work in process Units started Units completed 1,000 units 2,000 units 2,500 units Ending work in process 500 units Costs of beginning work-in-process: Direct materials Conversion costs Direct materials $6,000 $2,600 Costs added during current month: Conversion costs $30,000 $17,000 Direct material is added at the beginning of the process. Conversion costs are incurred evenly throughout the process. Beginning work in process was 50 completed as to conversion costs. Ending work in process was 60% complete as to conversion costs. REQUIRED: (a) Prepare a production cost worksheet for the assembly process using the weighted-average method. Click this link production cost worksheet template and enter your answers. After that you should be able to save your work in the excel templat and then UPLOAD it in the answer section below. (b) Prepare the journal entries to record the use of direct materials, conversion costs and the transfer of completed units to the testing process. Click this link Journal Entries template and enter your answers. After that you should be able to save your work in the excel template and then UPLOAD it in the answer section below. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Rave All Answers Gose Window Save and S
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