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Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production
Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. Need help with A2.
Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniforr Production and cost data for the first process in making two products in two different manufacturing plants are as follows Cutting Department Plant 1 Plant 2 C10-Chairs Tables roduction Data-Jul Work in process units, July1 Units started into production Work in process units, July 31 Work in process percent complete T12- 21,000 3,150 60 16,800 525 80 Cost Data-July Work in process, July 1 Materials Labor Overhead $0 399,000 246,120 109,200 $754,320 302,400 115,500 110,040 $527,940 Total (al) Your answer is correct For each plant compute the physical units of productionStep by Step Solution
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