Crane Company has gathered the following information. Units in beginning work in process Units started into...
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Crane Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 0 37,000 7,000 40 % 100 % $72.150 $61.100 $101.260 Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Unit costs Materials $ Conversion Costs Crane Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 0 37,000 7,000 40 % 100 % $72.150 $61.100 $101.260 Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Unit costs Materials $ Conversion Costs
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Related Book For
Managerial Accounting
ISBN: 978-1260413984
4th edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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