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! Required information [ The following information applies to the questions displayed below. ] Annin Laboratories uses the weighted - average method to account for
Required information
The following information applies to the questions displayed below.
Annin Laboratories uses the weightedaverage method to account for its workinprocess inventories. The accounting records show the following information for February:Quantity information is obtained from the manufacturing records and includes the following:
tableBeginning inventory, units complete as to materials, complete as to conversionCurrent period units started, unitsEnding inventory, units complete as to materials, complete as to conversion
Required:
a Compute the equivalent units for the materials and conversion cost calculations.
b Compute the cost per equivalent unit for direct materials and conversion costs.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute the equivalent units for the materials and conversion cost calculations.
tableEquivalent units for materialsEquivalent units for conversion costs
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