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Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department
Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 40,350 5,250 $ 45,600 574,050 342,750 916,800 $ 962,400 Direct Materials Conversion Percent Percent Units Beginning work in process inventory 3,500 Complete 100% Complete 20% Units started this period 44,500 Completed and transferred out 44,000 es Ending work in process inventory 4,000 100% 60% Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)
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