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Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000 machine hours for the period.

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Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000 machine hours for the period. If the overhead rate is $3 per machine hour, the entry to assign overhead will show a O debit to Work in Process for $12000. O credit to Manufacturing Overhead for $19410. O credit to Work in Process-Cutting Department for $12000. O debit to Manufacturing Overhead for $19410. Coronado and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 11500 units of ending work in process at 80% completion and 32500 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period? 0 44000. 09200. 040625. O 30200

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