Both job-order cost and process cost systems track direct materials, direct labour and manufacturing overhead....
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Accounting
Both job-order cost and process cost systems track direct materials, direct labour and manufacturing overhead.
|
| True |
|
| False |
The Coronado Company began the period with no units in process and 79600 units in Finished Goods inventory. During the period they sold 281000 units and also had the following at the end of the period:
| Finished goods (units) | 39900 |
| Work-in-process (50% conversion complete) | 11200 |
Equivalent units for the period totalled
|
| 315100. |
|
| 281000. |
|
| 241300. |
|
| 246900. |
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