Question: Moving to another question will save this response. Question 1 Ashly Company produces student's chair through two departments, Assembly Department and Finishing Department. Ashly Company

Moving to another question will save this
Moving to another question will save this response. Question 1 Ashly Company produces student's chair through two departments, Assembly Department and Finishing Department. Ashly Company reported the following activity in the Assembly Department for the month of June 20 Percent Completed Units Materials Conversion Work in process, beginning 50,000 80% 75% Started into production ... 200,000 Completed and transferred to Finishing Department ....190,000 Work in process, ending ... 60,000 50% 25% Materials Conversion Work in process, beginning .$119,200 $85,400 Cost added during June $760,800 $529,600 Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the Assembly Department. 2. Compute the costs per equivalent unit for the Assembly Department. 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the Finishing Department. 4. Prepare a cost reconciliation report for the Assembly Department for June 2021

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