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Esti 10:01 PM edugen.wileyplus.com Chepter 36 Aigement Problem 16-3A (Part Level

ID: 2447490 • Letter: E

Question

Esti 10:01 PM edugen.wileyplus.com Chepter 36 Aigement Problem 16-3A (Part Level Submission) Seagren Industries Inc. manufactures in separate processes furniture for homes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making two products in two different manufacturing plants are as follows. For each plant: (1) Compute the physical units of production. (2) Compute equivalent units of production for materials and for conversion costs. (3) Determine the unit costs of production. (Round unit costs to o decimal places, e.g. 25. (4) Show the assignment of costs to units transferred out and in process

Explanation / Answer

            ANSWER:

           = 0.44 0.0688

           Lower limit = 0.3712, and upper limit = 0.5088

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