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asked: "REfer to the following information about the painting depatment in the Richardson factory for month of June.
asked: "REfer to the following information about the painting depatment in the Richardson factory for month of June. richardson factory uses FIFO meathod of inventory costingBeginning goods in process inventory Physical units..............5000 units % complete for material ....70% % complete for labor and overhead....25% material coast for may...$7,350 labor and over hean cost for may...$3,125 products started and cpmpleted: physical units.........40,000units ending goods in process inventory: physical units............4,000 % complete for materials...40% % complete for labor and overhead...10% Manufacturing cost for June: materials..........$96,975 Labor and overhead....$79,4701A. How many equivalent units of materials wrer added to the beginning inventory to finish those units during june? How many equivalent units of labor and overhead were added to the beginning inventory to finish those units during June?1B. How many equivalent units of materials were added to the inverntory to get those units to their state of partial cpmpletion? How many equivalent units of labor and over head were added to the ending inventory to het those units to their state of partial completion?1C. How many equivalent units of materials were added to all units processed during June? How many equivalent units of labor and overhead were added to all units processed druing June?1D. What was the materials coat per Equivalent unit produced during June? What was the labor and overhesd coast per equivalent unit produced druing June?1E. What is the total cost of all units that were completed and transferred to finished goods during June? What is the total cost of the ending goods in process inventory? " - Sent to Accounting Expert Tutor on 5/19/2011 at 1:35pm
"Refer to the following information about the painting department in the Richardson factory for month of June. Richardson factory uses FIFO method of inventory costingBeginning goods in...