The following information is related to Ma'an Industrial Company: Statement Production in process 1/4-60% completion rate...

  

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The following information is related to Ma'an Industrial Company: Statement Production in process 1/4-60% completion rate Units started in the month of 4 Units completed within month 4 Production in process 30/4-60% completion rate Q. units 15000 unit 40000 unit 42500 unit $$$ Production in process included 1/4 the cost of materials 5500 riyals, and materials spent during the month 4 18,000 riyals, and the company uses the weighted average method. Required: 1. The number of units charged 2. Calculating the number of equivalent units of cost components 3. Calculate the equivalent unit cost of direct materials only The following information is related to Ma'an Industrial Company: Statement Production in process 1/4-60% completion rate Units started in the month of 4 Units completed within month 4 Production in process 30/4-60% completion rate Q. units 15000 unit 40000 unit 42500 unit $$$ Production in process included 1/4 the cost of materials 5500 riyals, and materials spent during the month 4 18,000 riyals, and the company uses the weighted average method. Required: 1. The number of units charged 2. Calculating the number of equivalent units of cost components 3. Calculate the equivalent unit cost of direct materials only

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Flow of Production Units to Account For Beginning work in process Units Star... View the full answer