Problem 4�26 Moravia Company

Managerial Accounting: Creating Value in a Dynamic Business Environment

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Moravia Company Work in process, April 1 -  10,000  units: Direct material:  100%  complete, cost of Conversion:  20%  complete, cost of Balance in work in process, April 1 Units started during April Units completed during April and transferred to finished-goods inventory Work in process, April 30: Direct material:  100%  complete Conversion:  33.33%  complete Costs incurred during April: Direct material Conversion costs: Direct labor Applied manufacturing overhead Total conversion costs
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$22,000 $4,500 $26,500 $100,000 $80,000 $198,000 $52,800 $105,600 $158,400
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1. Physical flow of units Work in process, April 1 10,000 Units started during April 100,000 Total units to account for 110,000 Units complete and transferred out during April 80,000 Work in process, April 30 30,000 Total units accounted for 110,000 2. Calculation of equivalent units Percentage Physical Units of Completion Work in process, April 1 10000
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Problem 4�26 Moravia Company - Moravia Company Work...

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