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The records of Andrews Company reflect the following data: Work in process,beginning of the month - 4,500 units;1 / 3 completed at a cost of $2,400 for materials,$825 for labor,and $3,000 for overhead.
Production costs for the month - materials - $20,695;labor - $13,050;overhead - $41,500
Units completed and transferred to finished goods - 35,000
Work in process,end of month - 3,000 units;3 / 4 completed
Compute the equivalent units of production.
Prefabricated Garages
Structures for vehicle storage that are manufactured off-site in standard sections and then transported and assembled at the final location.
Total Revenue
The total amount of money a company receives from selling its goods or services, before any expenses are deducted.
Price Reduced
A decrease in the selling price of a product or service.
Patents and Licenses
Legal mechanisms that grant inventors exclusive rights to their inventions, and permissions required to engage in certain activities or businesses.
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