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Question 1 of 5 ( 0/3 1 Current Attempt in Progress Santana Mortgage Company uses a process cost system to accumulate costs in its Application Department. When an application is completed, it is forwarded to the Loan Department for final processing. The following processing and cost data pertain to September. 1. Applications in process on September 1, 200 2 Applications started in September, 900 Completed applications during September, 600 4. Applications still in process at September 30 were 100% complete as to materials (forms) and 60% complete as to conversion costs. Beginning WIP: $1,250 4.130 $5,020 12,720 7,270 3. Direct materials Conversion costs September costs: Direct materials Direct labor Overhead >
Asso M Inbox (3,3071-at MyADU Question 1 of 5 < > 0/3 E # Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. * Your answer is incorrect Determine the equivalent units of service (production) for materials and conversion costs. Materials Conversion Costs The equivalent units of service (production) 2100 1500 eTextbook and Media x Your answer is incorrect. Compute the unit cost. (Round unit costs to 2 decimal places, eg. 2.25) Materials Conversion Costs - Assignment 1 (ACC201-Spr. 2022)
conyvasjons G Ooogle YouTube MyADU Assignment 1 (ACC201-Spr. 2022) Bbleam N Netflix pbyer ndex.html/launchid=99be9ca2-520c-4e6b-aca0-0171739f4b20#/question/0 Professional Asso... M Inbox (3,307)-a MADU RD Web Access Question 1 of 5 K 0/3 E ||| 0 1 x Your answer is incorrect. Compute the unit cost. (Round unit costs to 2 decimal places, eg.2.25) Materials Conversion Costs Unit costs $ 2.99 16,08 eTextbook and Media *Your answer is incorrect. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to 0 decimal places, eg 1.225) Costs accounted for: 11442 Transferred out MARY To D O Upf
Foutube 4 MADU ← Assignment 1 (ACC201-Spr. 2022) BbLearn RD Web Access Professional Asso M inbox (3,307)- MYADU 0/3 E E * Your answer is incorrect. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to 0 decimal places, eg. 1.225) Costs accounted for: Transferred out 11442 Work in process, September 30 Materials 4479 14472 18957 Conversion costs 30399 Total costs eTextbook and Media Attempts: 1 of 3 used Submit Answer Question 1 of 5 Netflix Save for Later