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28 Sep 2019
E6-1 Page 348 Computing equivalent units of production Using the data given for Cases 1 below, and assuming the use of the average cost method, compute the separate equivalent units of productionâone for materials and one for labor and overheadâ under each of the following assumptions (labor and factory over- head are applied evenly during the process in each assumption): Assumptions: a. All materials go into production at the beginning of the process Case 2âOpening inventory 5,000 units, three-fifths completed; started in process 40,000 units; finished 39,000 units; work in pro- cess, end of period, 6,000 units, one-fourth completed. For this problem, determine the equivalent units for materials only.
E6-1 Page 348 Computing equivalent units of production Using the data given for Cases 1 below, and assuming the use of the average cost method, compute the separate equivalent units of productionâone for materials and one for labor and overheadâ under each of the following assumptions (labor and factory over- head are applied evenly during the process in each assumption): Assumptions: a. All materials go into production at the beginning of the process Case 2âOpening inventory 5,000 units, three-fifths completed; started in process 40,000 units; finished 39,000 units; work in pro- cess, end of period, 6,000 units, one-fourth completed. For this problem, determine the equivalent units for materials only.
Trinidad TremblayLv2
30 Sep 2019