The following data reports on the July production activities of the Molding department at Ash Company....
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The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory $ 32,950 4,260 Units 531,250 308,850 3,000 42,500 42,000 3,500 $ 37,219 840,100 $ 877,319 Direct Materials Percent Complete 100% 100% Conversion Percent Complete 20% 68% Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory $ 32,950 4,260 Units 531,250 308,850 3,000 42,500 42,000 3,500 $ 37,219 840,100 $ 877,319 Direct Materials Percent Complete 100% 100% Conversion Percent Complete 20% 68% Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)
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