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jerico jerico
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9 years ago
Pet Products Company uses an automated process to manufacture its pet replica products. For June, the company had the following activities:

Beginning work in process inventory   4,500 items, 1/4 complete
Units placed in production   15,000 units
Units completed   17,500 units
Ending work in process inventory   2,000 items, 3/4 complete
   
Cost of beginning work in process   $5,250
Direct material costs, current   $16,500
Conversion costs, current   $23,945

Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process.

Required:
Prepare a production cost worksheet using the FIFO method.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
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#3
9 years ago
Cool! No problem.
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#4
3 years ago
thank you Smiling Face with Open Mouth
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#5
3 years ago
kamsa
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#6
3 years ago
thankyou
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#7
3 years ago
thank you
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#8
3 years ago
Thank you
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