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Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532 Exercise 33
Cost per equivalent unit is $2 per EU for materials and $3 per EU for conversion. There are no trans- ferred-in costs and no spoilage. What is the cost of goods completed if 10,000 units are completed and 1,000 are in ending inventory
Explanation
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Equivalent units:
In a manufacturing co...
Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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