Flowers uses a weighted average process costing system. The following is known for November: a. What were
Question:
Flowers uses a weighted average process costing system. The following is known for November:
a. What were the total costs to account for and allocate?
b. What is the cost of goods completed and transferred out?
Transcribed Image Text:
Equivalent units for materials Equivalent units for transferred-in costs Equivalent units for conversion costs Units completed and transferred out Equivalent unit cost for materials Equivalent unit cost for transferred-in costs Equivalent unit cost for conversion costs 36,000 40,000 30,000 32,000 $2.00 $3.50 $2.50
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a b Materials Conversion costs Trans...View the full answer
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Related Book For
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope
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