In using average method, Cruz Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers. For November 2021, Cruz Company presented the following costs on three processes:what is the unit cost of inventory transferred out from Department C?P19.80P19.83P28.70P28.77 November Costs incurred:Process AProcess BProcess C407,030.00303,426.00242,946.00953,402494 459354,492MaterialsDirect LaborOverhead299,229301,915238,560241,735Total1,032,248898,142|70% at the beginning of the 50% at beginning, 50% 40% at beginning,additional 30% at 40%complete, and remaining30% at 80% complete.Materials are added at:process; remaining 30% at at 80% conversion.60% conversion.Started/Transferred in (units)Completed (units)100,000???4,000 units at 40%converted.3,000 units at 30% converted.3,000 units at 50% converted.In process, end (units) andstage of completion

Conversion costs are those costs which are required to be incurred in order to convert the materials…

In using average method, Cruz Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers. For November 2021, Cruz Company presented the following costs on three processes: what is the unit cost of inventory transferred out from Department C? P19.80 P19.83 P28.70 P28.77

In using average method, Cruz Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers. For November 2021, Cruz Company presented the following costs on three processes: what is the unit cost of inventory transferred out from Department C? P19.80 P19.83 P28.70 P28.77

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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