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The Sanding Department of Bonita Company has the following production and cost data for November. Materials are entered at the beginning of the process. Conversion
The Sanding Department of Bonita Company has the following production and cost data for November. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Bonita Company uses the FIFO method to compute equivalent units. Determine the equivalent units of production for materials and conversion costs. eTextbook and Media Attempts: 1 of 3 used (b) Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round answers to 2 decimal places, e.g. 15.25.) Material costs $ Conversion costs $ Total unit costs $ Bonita Company Cost Reconciliation Schedule Costs accounted for: Transferred out $ Work in process, November 30th Materials $ Conversion costs Total costs
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