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Urgently needed ABNORMAL LOSS IN PRODUCTION Sharif manufacturing company has provided the following data for its operations during the month of May 2018. Units received
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ABNORMAL LOSS IN PRODUCTION Sharif manufacturing company has provided the following data for its operations during the month of May 2018. Units received in process in department 3 were 45000, out of which 3000 units were in process and estimated to be 1/3 converted. All materials are added in the process in preceding department. The department 3 transferred 77,000 total cost to department 4. The department 4 lost 2000 units during process. The cost added by department B was as follows: Direct labor cost $37,310 FOH applied cost $32,800 Requirements: Cost of production report for department 4Step by Step Solution
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