Business, 12.03.2021 15:10 jairus34

atrix Inc. calculates cost for an equivalent unit of production using the weighted-average method. Data for July: Work-in-process inventory, July 1 (38,000 units): Direct materials (91% completed) $ 122,200 Conversion (52% completed) 77,700 Balance in work in process inventory, July 1 $ 199,900 Units started during July 89,000 Units completed and transferred 101,300 Work-in-process inventory, July 31: Direct materials (91% completed) 25,700 Conversion (52% completed) Cost incurred during July: Direct materials $ 171,500 Conversion costs 269,000 Total equivalent units for materials under the weighted-average method are calculated to be

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atrix Inc. calculates cost for an equivalent unit of production using the weighted-average method. D...

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