Sheridan Company has gathered the following information. Units in beginning work in process Units started into...
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Sheridan 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 41,040 6,840 40 % 100 % $82,080 $69.540 $115,140 Show the assignment of costs to units completed and transferred out and to work in process at the end of the period. Units completed and transferred out Units in ending work in process Sheridan 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 41,040 6,840 40 % 100 % $82,080 $69.540 $115,140 Show the assignment of costs to units completed and transferred out and to work in process at the end of the period. Units completed and transferred out Units in ending work in process
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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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