Question: Ir Instructor for grading Assad Company uses the process costing method with the following data for the month of July. Work-in-process, July 1, 30,090 units:

Ir Instructor for grading Assad Company uses the
Ir Instructor for grading Assad Company uses the process costing method with the following data for the month of July. Work-in-process, July 1, 30,090 units: Direct material: 100% completed $ 65, 500 Conversion: 30% completed 51, 910 Balance in work in process, July 1 $ 117, 410 Units started during July 40, 090 Units finished 50, 090 Work in process, July 31, 20,000 units: Direct material: 100% completed Conversion: 60% completed Cost incurred during July: Direct materials $ 120,000 Conversion costs 199, 810 Total $ 319, 810 Required: (1) Compute cost per equivalent unit under the weighted-average method (2) Compute cost per equivalent unit under FIFO method Essay Toolbar navigation BIUS EEVALY

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