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The Assembly Department of Zoom Auto Parts began September with no work in process inventory. During the month, production that cost $136,719 (direct materials, $39,195, and conversion costs, $97,524) was started on 116,000 units. Zoom completed and transferred to the Testing Department a total of 103,000 units. The ending work in process inventory was 37.5% complete as to direct materials and 80% complete as to conversion costs.
Required:
A. Compute the equivalent units for direct materials and conversion costs.
B. Compute the cost per equivalent unit.
Produced In Quantity
This term refers to items that are manufactured or created in large volumes, typically using industrial processes for economies of scale.
Tight Spaces
Areas or locations with a limited or confined amount of space, posing challenges for movement or fitting in equipment.
Dimension Lines
Lines on a drawing that represent the measurement of a feature, accompanied by arrows and numerical values to denote length.
Object Lines
Thick solid lines in technical drawings that represent the visible edges of an object.
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