Cullumber Company has the following production data for selected months. Ending Work in Process Beginning Month Work in Process Units Transferred Out % Complete as to Units Conversion Cost January -0- 44,800 12,800 40 % March -0- 51,200 10,240 75 July -0- 57,600 20,480 25 Compute equivalent units of production for materials and conversion costs, assuming that materials the process and that conversion costs are incurred uniformly throughout the process. January March July Materials Conversion Costs

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Cullumber Company has the following production data for selected months.
Ending
Work in Process
Beginning
Month
Work in Process
Units
Transferred Out
% Complete as to
Units
Conversion Cost
January
-0-
44,800
12,800
40 %
March
-0-
51,200
10,240
75
July
-0-
57,600
20,480
25
Compute equivalent units of production for materials and conversion costs, assuming that materials
the process and that conversion costs are incurred uniformly throughout the process.
January
March
July
Materials
Conversion Costs
Transcribed Image Text:Cullumber Company has the following production data for selected months. Ending Work in Process Beginning Month Work in Process Units Transferred Out % Complete as to Units Conversion Cost January -0- 44,800 12,800 40 % March -0- 51,200 10,240 75 July -0- 57,600 20,480 25 Compute equivalent units of production for materials and conversion costs, assuming that materials the process and that conversion costs are incurred uniformly throughout the process. January March July Materials Conversion Costs
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