Bucky s Boxes makes boxes for moving It sells its boxes
Bucky’s Boxes makes boxes for moving. It sells its boxes to major national moving companies. Because of the simple nature of the production process, Bucky’s uses standard costing. The following information for July 2012 is available
REQUIRED
1. Compute equivalent units for each cost category.
2. Summarize total costs to account for, and assign total costs to units completed and transferred out and to units in ending work in process.
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