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- SMITH HAS THE FOLLOWING PROCESS COSTING DATA FOR WIP DEPT # 2: BEGINNING UNITS 17,000 UNITS STARTED 90,000 ENDING UNITS 19,000 CONVERSION COSTS ARE
- SMITH HAS THE FOLLOWING PROCESS COSTING DATA FOR WIP DEPT # 2:
BEGINNING UNITS 17,000
UNITS STARTED 90,000
ENDING UNITS 19,000
CONVERSION COSTS ARE 55 PERCENT COMPLETE WITH REGARDS TO ENDING WIP. WHAT ARE CONVERSION COSTS EQUIVILENT UNITS?
CC EU_________
- ASSUME CONVERSION COSTS INFORMATION IS AS FOLLOWS:
BEGINNING COST = $43,500
CURRENT COST = $192,780
WHAT ARE CONVERSION COSTS ALLOCATED TO UNITS IN ENDING WIP? (ASSUME WEIGHTED AVG METHOD)
$CC ALLOCATED TO ENDING WIP_________
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