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Author Question: Shining Star Company uses an automated process to clean and polish its souvenir items. For March, ... (Read 41 times)

mcmcdaniel

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on: Mar 6, 2021
Shining Star Company uses an automated process to clean and polish its souvenir items. For March, the company had the following activities: 

Beginning work in process inventory3,000 items, 1/3 complete with regards to conversion costs
Units placed in production12,000 units
Units completed9,000 units
Ending work in process inventory6,000 items, 2/5 complete with regards to conversion costs
​​
Cost of beginning work in process$2,500
Direct material costs, current$9,000
Conversion costs, current$8,320
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.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by mcmcdaniel on Mar 6, 2021

DHRUVSHAH

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Reply #1 on: Mar 6, 2021
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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mcmcdaniel

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

lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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