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dxpayne dxpayne
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6 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. Round equivalent unit costs to the nearest cent.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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GarretAGarretA
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#1
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6 years ago
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Without mathematics, there's nothing you can do. Everything around you is mathematics. Everything around you is numbers.

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dxpayne Author
wrote...
#2
5 years ago
I see. Hmm...

Thanks for confirming, will mark this solved.
wrote...
#3
3 years ago
thank you for the help
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#4
3 years ago
Thank you
wrote...
#5
3 years ago
Thank youu
wrote...
#6
3 years ago
what.
wrote...
#7
3 years ago
Thank you
wrote...
#8
3 years ago
Thank you
wrote...
#9
3 years ago
Thank you
wrote...
#10
3 years ago
Thanks!
wrote...
#11
2 years ago
thank you
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