(1) Compute equivalent units of conversion costs. (2) Compute conversion costs per equivalent unit (3) Compute the...

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(1) Compute equivalent units of conversion costs.

(2) Compute conversion costs per equivalent unit

(3) Compute the total conversion costs transferred out to the next process

Beginning work in process, 60% as of 12/1/2010 100 units

Transferred in 620

Normal spoilage 40

Abnormal spoilage 50

Good units completed and transferred out 550 units

Ending work in process, 75% as of 12/31/2010 80

Conversion costs in beginning inventory $160,000

Current period conversion costs $960,000

Related Book For answer-question

Cost Accounting A Managerial Emphasis

ISBN: 978-0133392883

6th Canadian edition

Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ

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Posted Date: May 09, 2024 05:05 AM

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(1) Compute equivalent units of conversion costs. (2) Compute conversion costs per equivalent unit (3) Compute the...

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Cost Accounting A Managerial Emphasis

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