The smelting department of Massaro Manufacturing Company has the following production and cost data for November. Production:
Question:
Production: 2,000 units in beginning work in process that are 100% complete in terms of materials and 20% complete in terms of conversion costs; 8,000 units transferred out; and 7,000 units in ending work in process that are 100% complete in terms of materials and 40% complete in terms of conversion costs.
Calculate the equivalent units of production for
(a) Materials
(b) Conversion costs for the month of November.
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Materials a Conversion Costs b Units t...View the full answer
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Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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