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Question - Baden Company has gathered the following information.
Units in beginning work in process 0
Units started into production 43,600
Units in ending work in process 8,700
Percent complete in ending work in process:
Conversion costs 40%
Materials 100%
Costs incurred:
Direct materials $80,660
Direct labor $66,900
Overhead $101,972
Required -
Compute equivalent units of production for materials and for conversion costs.
Determine the unit costs of production.
Show the assignment of costs to units transferred out and in process.
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