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Coronado Paints makes various interior and exterioc paints for its customers, but its current focus...

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Accounting

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Coronado Paints makes various interior and exterioc paints for its customers, but its current focus is on its top-selling interice brand Coronado probuces the paint in its mixing degartment and then transfers the paint to the canning department. The following informution is presented for the canning department in March recognizing that the company adds its converslon costs evenly throughout the process. One unit is one galion of paint. Complete Steps 1-5 of the template for the canning department of Coronado Paints this year using the FiFO method of process costing. clearly labeling the following. (Round cost per equivalent unit answers to 2 decimal places, es. 15.25) Equivatent units of production for all three cost categories: transferred-in, OM, and conversion costs. - The cost per equivalent unit for all three cost categories transferred-in. DM, and conversion costs - The total cost of units completed and the total cost of units in ending Wip imventory

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