Question
The corporation uses weighted average method in its process costing system. Operating data for the department for the month of November is: Beginning work in
The corporation uses weighted average method in its process costing system. Operating data for the department for the month of November is:
Beginning work in process inventory 6,000 units 60% complete with respect to conversion
Transferred in from prior dept during Nov 40,100
Completed and transferred to the next dept during Nov 37,100
Ending work in process inventory 9,600 with 80% complete with respect to conversion
What were the equivalent units for conversion costs in the dept for Nov?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
