unit costs per EUP computed under weighted average were as follows: Materials- P7 Conversion costs- P21 Transferred in- P35 Materials are introduced at the beg. of the process in the 2nd of three departments. There were 4,000 units (40% complete as to conversion costs) in process at the end of the month while 20,000 were transferred to the next department. How much is the total cost of completed units?
unit costs per EUP computed under weighted average were as follows: Materials- P7 Conversion costs- P21 Transferred in- P35 Materials are introduced at the beg. of the process in the 2nd of three departments. There were 4,000 units (40% complete as to conversion costs) in process at the end of the month while 20,000 were transferred to the next department. How much is the total cost of completed units?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The unit costs per EUP computed under weighted average were as follows:
Materials- P7
Conversion costs- P21
Transferred in- P35
Materials are introduced at the beg. of the process in the 2nd of three departments. There were 4,000 units (40% complete as to conversion costs) in process at the end of the month while 20,000 were transferred to the next department.
How much is the total cost of completed units?
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