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Cornerstone Exercise A Cost Information During October, McCourt Associates incurred total production coche of $60,000...

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Accounting

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Cornerstone Exercise A Cost Information During October, McCourt Associates incurred total production coche of $60,000 for copyediting manuscripts and had the following equivalent units schedule Units completed 285 Units in EWIPX Fraction complete 25x0.80 15 Equivalent units 300 Required 1. Calculate the cost of copyediting one manuscript for October 2. Assign costs to manuscripts completed and to EWIP and then do a cost reconciliation 3. What ifthe costs assigned to units completed and EWIP total were calculated using a unit cost of $225? What is the discrepancy between the costs assigned and the costs to account for? What could have caused an incorrect unit cost

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