The cutting process of Nash Designs started the year with $6,585 in beginning inventory. By year-end,...
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The cutting process of Nash Designs started the year with $6,585 in beginning inventory. By year-end, Nash determined equivalent units of work done under the weighted-average method as follows. Units completed this period Units in ending WIP Inventory DM 705 110 Conversion Costs Total cost of units completed this period $ Cost of units in ending WIP inventory Nash's cost per equivalent unit is $70 for DM and $35 for conversion costs. How much cost should Nash assign to the units completed this period? How much cost should be assigned to ending WIP Inventory for the cutting process? $ 705 LA 55 The cutting process of Nash Designs started the year with $6,585 in beginning inventory. By year-end, Nash determined equivalent units of work done under the weighted-average method as follows. Units completed this period Units in ending WIP Inventory DM 705 110 Conversion Costs Total cost of units completed this period $ Cost of units in ending WIP inventory Nash's cost per equivalent unit is $70 for DM and $35 for conversion costs. How much cost should Nash assign to the units completed this period? How much cost should be assigned to ending WIP Inventory for the cutting process? $ 705 LA 55
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Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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