Dex Co. had the following production for the month of June. Units Work-in-process at June 1 10,000
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Question:
Dex Co. had the following production for the month of June.
Units
Work-in-process at June 1 10,000
Started during June 40,000
Completed and transferred to finished goods during June 33,000
Abnormal spoilage incurred 2,000
Work-i-process at June 30 15,000
Materials are added at the beginning of the process. As to conversion cost, the beginning work-
in-process was 70% completed and the ending work-in-process was 60% completed. Spoilage is
detected at the end of the process. The equivalent units for June, with respect to conversion
costs, were as follows:
FIFO Average FIFO Average?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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