Question: Units completed and transferred to Finishing Ending work in process inventory ( 1 0 0 % complete for direct materials, 8 0 % complete for
Units completed and transferred to Finishing
Ending work in process inventory complete for direct materials, complete for conversion
Required:
Compute equivalent units of production for both direct materials and conversion for February.
Compute cost per equivalent unit for both direct materials and conversion for February.
Assign costs to units transferred out to Finishing and to units in ending work in process inventory.
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Compute cost per equivalent unit for both direct materials and conversion for February.
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