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Use the cost Information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used Direct labor Total
Use the cost Information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used Direct labor Total factory overhead Work in process inventory, beginning Work in process inventory, ending $ 6,700 8,700 6,800 4,700 7,400 Multiple Choice $18,700. $15,400. $19,500 Compute the number of equivalent units with respect to direct materials using the weighted-average method. Direct Materials Conversion Percent Units Percent Complete Complete Beginning work in process inventory 24,000 1008 Units started and completed 100,000 Units completed and transferred out 124,000 Ending work in process inventory 40,000 1008 50% 60% Multiple Choice Wang Company manufactures and sells a single product that sells for $600 per unit: variable costs are $342. Annual fixed costs are $924,500. Current sales volume is $4,350,000. Compute the break-even point in units. Multiple Choice O 4,618 1,541 O 3.583 2.703 880
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