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*Right below is drop down menu to help you answer the journal entries Perfecto Products uses a JIT management system to manufacture trading pins. The
*Right below is drop down menu to help you answer the journal entries
Perfecto Products uses a JIT management system to manufacture trading pins. The standard cost per pin is $2 for direct materials and 54 for conversion costs. Last month, Perfecto recorded the following data: Number of pins completed Number of pins sold (on account at S6 each) Raw material purchases (on account) Conversion costs 3,800 pins 3,600 pins 7,000 30,000
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