Ash Company incurred direct materials costs of $1,600,000 during the year. Direct Labor costs were...
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Ash Company incurred direct materials costs of $1,600,000 during the year. Direct Labor costs were $600,000. Manufacturing overhead was applied at the rate of 70% of direct labor costs. What were Ash Companys total manufacturing costs for the year?
Superior Painting Company has the following production data for January:
Beginning work in process, 0 units
Units transferred out, 35,000
Units in ending work in process, 10,000, which are 45% complete for conversion costs
Materials are added only at the beginning of the process. a) Compute equivalent units of production for materials costs.
b) Compute equivalent units of production for conversion costs.
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