Consider the following data for the assembly division of Cranberry Watches, Inc., The assembly division uses the
Question:
Consider the following data for the assembly division of Cranberry Watches, Inc., The assembly division uses the weighted- average method of process costing.
aDegree of completion: direct materials, 80%; conversion costs, 35%.
bDegree of completion: direct materials, 80%; conversion costs, 80%.
Required
1. Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.
2. What issues should the manager focus on when reviewing the equivalent unitscalculation?
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Related Book For
Managerial Accounting Decision Making and Motivating Performance
ISBN: 978-0137024872
1st edition
Authors: Srikant M. Datar, Madhav V. Rajan
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