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CoursHeroTranscribedText: SHORT ANSWER. Write the word or phrase that best completes each statement or answers...

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Accounting

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CoursHeroTranscribedText: SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 1) Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows: Beginning work in process 10,000 units Units started 20,000 units Units completed 25,000 units Beginning work-in-process direct materials P 6,000 Beginning work-in-process conversion P 2,600 Direct materials added during month P30,000 Direct manufacturing labor during month P12,000 Factory overhead P 5,000 Beginning work in process was half converted as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete. Required: Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules

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