Data concerning a recent periods activity in the Prep Department, the first processing department in...
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Accounting
Data concerning a recent periods activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units of production in ending work in process Cost per equivalent unit
A total of 1,300 units were completed and transferred to the next processing department during the period.
Required:
Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory.
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