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Author Question: New Image Sports uses a process-costing system. For March, the company had the following activities: ... (Read 278 times)

shofmannx20

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New Image Sports uses a process-costing system. For March, the company had the following activities:

Beginning work-in-process inventory (1/3 complete)7,200 units
Units placed in production28,800 units
Good units completed21,600 units
Ending work-in-process inventory12,000 units
Cost of beginning work in process$ 6,000
Direct material costs, current$21,600
Conversion costs, current$14,400

Direct materials are placed into production at the beginning of the process. All spoilage is normal and is detected at the end of the process. Ending WIP is 60% completed as to conversion. 

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


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Marked as best answer by shofmannx20 on Mar 6, 2021

Ptupou85

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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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shofmannx20

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)


gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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