Production Cost Reports, accounting homework help
I am struggling to figure out step 1 of a 4 step process. I need to create a production cost report but I don’t know how to get to the first answer.
1. The equivalent units of production for Materials & Conversion Costs are?
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2. Unit Costs for Materials & Conversion Costs are?
3. Determine the costs assigned to the units transferred out are?
4. Determine the costs assigned to the units in ending work in process are ?
