Weighted-average method, equivalent units. Consider the following data for the Assembly Division of Fenton Watches, Inc.: The

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Weighted-average method, equivalent units. Consider the following data for the Assembly Division of Fenton Watches, Inc.: The Assembly Division uses the weighted-average method of process costing.

Compute equivalent units for direct materials and conversion costs. Show physical units in the first column of your schedule.

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Cost Accounting A Managerial Emphasis

ISBN: 978-0136126638

13th Edition

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

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Question Posted: Jun 21, 2011 02:26 AM

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Weighted-average method, equivalent units. Consider the following data for the Assembly Division of Fenton Watches, Inc.: The

Question:

Physical Units (Watches) 80 Direct Materials $ 493,360 Conversion Costs $ 91,040 Beginning work in process (May 1)" Started in May 2009 Completed during May 2009 Ending work in process (May 31) Total costs added during May 2009 500 460 120 $3,220,000 $1,392,000

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