Refer to the information in QS. Assign costs to the assembly departments outputspecifically, the units transferred out
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In QS
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Percent of Direct Materials Added Percent of Conversion Added Assembly Department Units Beginning work in process.. . . 2,000 Units transferred out.. ·.. . 9,000 Ending work in process3 60% 100% 80% 40% 100% 30% 3,000 Beginning work in process $1,58 (includes $996 for direct materials and $585 for conversion) inventory Assembly dept. Costs added during the month Conversion. $12,285
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Assignment of costs to output of department x FIFO Costs of units transferred out ...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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