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uses a process costing system to determine its product's cost. The last of the three processes is packaging. The Packaging Department reported the following information
uses a process costing system to determine its product's cost. The last of the three processes is packaging. The Packaging Department reported the following information for the month of July:
E5-25A (similar to) Question Help Zesty's Hot Sauce uses a process costing system to determine its product's cost. The last of the three processes is packaging. The Packaging Department reported the following information for the month of July: E (Click the icon to view the reported information for July.) The units in ending work in process inventory were 70% complete with respect to direct materials but only 40% complete with respect to conversion. Requirement Summarize the flow of physical units and compute output in terms of equivalent units in order to arrive at the missing figures (a) through (). Zesty's Hot Sauco Packaging Department Step 1: i Data Table Month Ended July 31 Flow of Physica Flow of Production Units Units to account for: Zesty's Hot Sauce Packaging Department Step 1: Step 2: Equivalent Units Beginning work in process, July 1 29,0 Month Ended July 31 Flow of Physical Transferred- Direct Conversion 232,0 Flow of Production Plus: Transferred in during July Units in Materials Costs Total physical units to account for Units to account for: Units accounted for: Beginning work in process, July 1 29,000 232,000 Completed and transferred out during July Plus: Transferred in during July 34,0 (a) Plus: Ending work in process, July 31 Total physical units to account for Total physical units accounted for Units accounted for: Completed and transferred out during July (b) (d) (g) Total Equivalent Units Plus: Ending work in process, July 31 34,000 (e) (h) (k) (c) Total physical units accounted for Enter any number in the edit fields and then click Check Answer. (1) (i) (1) Total Equivalent Units All parts showing
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