The following data has been taken from the 2nd department of Albari Company: Cost from proceeding department:
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The following data has been taken from the 2nd department of Albari Company: Cost from proceeding department: $9,675 Cost added by the department (Materials + Conversion): $6,500 Units received from preceding department: 5,625 Units transferred to finished goods store room: 5,000 Units still in process (1/3 complete as to conversion costs): 375 Units lost in process: 250
Based on the above data,
Calculate the adjustment for lost units in second department.
Related Book For
Accounting Business Reporting for Decision Making
ISBN: 9780730302414
4th edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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