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Unformatted text preview: Inventory in process, May 31 (70% completed) Total units to be assigned cost Costs Costs Units costs: Total costs for May in Cutting Dept. Divide by total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, May 1 Costs incurred in May Total units accounted for by the Cutting Department Costs allocated to completed and patially completed units: Transferred to finished goods in May Inventory in process, May 31 Total costs assigned by the Cutting Department...
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- Fall '09