Business, 08.03.2021 19:40 voicelesstoxic

Holly Company has the following information for December 1 to December 31. All direct materials are 100% complete. Work-in-Process Beginning balance December 345 units, 20% complete for conversion $25,185Completed 900 units and transferred to finished goods inventory $245,700Direct materials 135,000Direct labor 49,500Factory overhead:Property taxes 6,750Depreciation 39,000Utilities 23,800Indirect labor 6,000Ending balance December 31, 445 units, 40% completeRequired: Calculate equivalent units using the weighted-average and FIFO methods.

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Holly Company has the following information for December 1 to December 31. All direct materials are...