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oson Company has gathered the following information 4. Wilkinson Com its in beginning work in proceso Units started into prod
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Ans:

1. Equivalent units of production=

For Materials= (44,000**+10,000) = 54,000

For conversion= (44,000+ {10,000*60%})

= (44,000+ 6,000)

= $ 50,000

** Units started into production- units in ending work-in progress

= (54,000-10,000)

2. Unit cost of production=

Materials= 81000/54000

= 1.50

Conversion= (99,000+131,000)/50,000

= ( 23,000/50,000)

=4.60

3. Assignments of costs:

Units transferred out = {44,000(1.50+4.60)}

=$268,400

Units in ending work in progress= 10,000*1.50+6,000*4.60

= 15,000+27,600

=$ 42,600

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