ACCOUNTING:TOOLS... W/WILEYPLUS >C<
ACCOUNTING:TOOLS... W/WILEYPLUS >C<
6th Edition
ISBN: 9781119298243
Author: Kimmel
Publisher: WILEY C
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Chapter 12, Problem 6AP
To determine

Prepare the operating activities section of statement of cash flows using direct method.

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Waterway Company has the following equivalent units for July: materials 25,500 and conversion costs 26,000. Production cost data are: Materials Conversion Work in process, July 1 $6,100 $2,200 Costs added in July $50,000 $ 42,000 The unit production costs for July are: Conversion Costs Materials a $ 2.20 $ 1.70 b $ 2.20 $ 1.62 C $ 1.96 $ 1.62 d $ 1.96 $ 1.70
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