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Chapter 5, Problem 5.42BE

1.

To determine

To compute: The equivalent units for direct materials and conversion costs.

2.

To determine

To compute: Cost per equivalent unit of completed and transferred unit in Assembly Department.

3.

To determine

Costs assigned to the units completed and transferred out and ending work in process inventory.

4.

To determine

To record: Journal entries for the costs transferred out of Assembly Department to Testing Department.

5.

To determine

Posting all of the transactions in Work in process – Assembly Department in T-Format.

To find: The ending balance in work in process inventory in Assembly Department.

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Chapter 5 Solutions

Managerial Accounting, Student Value Edition Plus New Myaccountinglab With Pearson Etext -- Access Card Package (4th Edition) By Braun, Karen W., Tietz, Wendy M. (2014) Loose Leaf

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