Question

Mirada Company manufactures handheld calculators and has the following information available for the month of July:


Required:
Using the weighted-average method of process costing, complete each of the following steps:
1. Reconcile the number of physical units worked on during the period.
2. Calculate the number of equivalent units.
3. Calculate cost per equivalent unit, rounded to five decimal places.
4. Reconcile the total cost of work inprocess.


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  • CreatedFebruary 27, 2015
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