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CoursHeroTranscribedText: Question 3 (15 Marks) ALNT uses an automated process to manufacture key chains. For...

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Accounting

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CoursHeroTranscribedText: Question 3 (15 Marks) ALNT uses an automated process to manufacture key chains. For April, the company had the following activities: Beginning work in process inventory 40,000 units, 30% complete Units placed into production 140,000 units Ending work in progress 30,000 units, 60% complete Cost of beginning work in progress $36,080 Direct materials costs, April $100,800 Conversion Costs, April $101.400 Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process. There is no spoilage. Required: Prepare a production cost worksheet using the FIFO method

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