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Author Question: Pet Products Company uses an automated process to manufacture its pet replica products. For June, ... (Read 392 times)

lb_gilbert

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Pet Products Company uses an automated process to manufacture its pet replica products. For June, the company had the following activities: 

Beginning work in process inventory4,500 items, 1/4 complete with regards to conversion costs
Units placed in production15,000 units
Units completed17,500 units
Ending work in process inventory2,000 items, 3/4 complete with regards to conversion costs
Cost of beginning work in process$5,250
Direct material costs, current$16,500
Conversion costs, current$23,945
Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process. 

Required: 
Prepare a production cost worksheet using the FIFO method.


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Marked as best answer by lb_gilbert on Mar 6, 2021

mrphibs

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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