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  3. b) compute unit costs and prepare a cost reconcili

b) Compute unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2...

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Accounting

imageb) Compute unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 10.50. Use rounded amounts for future calculations. Round other answers to 0 decimal places, e.g. 125.)

PLEASE SOLVE THIS ASAP!!!

The cutting department of Groneman Manufacturing has the following production and cost data for July. Production 1. Transferred out 11,900 units. 2. Started 3,400 units that are 60% complete in terms of conversion costs and 100% complete in terms of materials at July 31. (a) Costs Beginning work in process Materials Labour Total equivalent units Manufacturing overhead Determine the equivalent units of production for materials and conversion costs. Materials Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. $0 Conversion Costs 45,900 16,500 5,804

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