Cost Accounting Notes 3
Costs completed and TO during period: WIP EI: TI (costs x equiv unit) DM (costs x equiv unit) CC (costs x equiv unit) Total cost to be accounted for = $$$ FIFO method. Units: WIP BI Units added during period Total units to be accounted for. Costs: WIP BI Costs added during period Total costs to be accounted for Divided by total equiv units Cost ...
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