Question: Estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to

  • Estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to make the cookies and prepare a production cost sheet for one of those processes.

This is an example of what I need to figure out. I don't know how to account for the conversion costs.

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