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Business, 26.12.2019 19:31 pchaneh31

In a periodic inventory system, the cost of purchases is debited to: inventory. purchases. cost of goods sold. accounts payable.

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The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
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In a periodic inventory system, the cost of purchases is debited to: inventory. purchases. cost of...
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