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ACCOUNTING

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Jolly Company uses the weighted-average method in its process costing system. Operating data for the Painting Department for the month of April appear below;Units;Percent Complete with Respect to Conversion;Beginning work in process inventory;4,700;90%;Transferred in from the prior department during April..;59,700;Ending work in process inventory;7,300;80%;What were the equivalent units for conversion costs in the Painting Department for April?;A) 62,940;B) 62,300;C) 65,540;D) 57,100

 

Paper#81053 | Written in 18-Jul-2015

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