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50, 000 units were received from preceding department, 9,000units were still in process at the end of month (complete allmaterial, 75% Labour & FOH). 500 lost units were 60% completeas to material and conversion costs. This loss is considered as abnormal and is to be charged to factory overhead.

Required: You are required to calculate equivalent units of material, labour and factory overhead.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9797781

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