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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Ending WIP Inventory has 100 units that are 70% complete for direct materials and 20% complete for conversion costs. For calculating costs per equivalent unit, which of the following statements is true?
A) The denominator would include 100 units for both.
B) The denominator would include 20 units for direct materials and 80 for conversion.
C) The denominator would include 70 units for direct materials and 20 for conversion.
D) You cannot determine what constitutes the denominator.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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