Equivalent units and related costs; cost of production report; entries
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1. Prepare a cost of production for the shifting Department for July.
2. Journalize the entries for costs transferred from Milling to sifting and the costs transferred from sifting to Packaging.
3. Discuss the uses of the cost of production report.
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1. and 2. - see attached sheet (MS-Word)
<br>3. The cost of production report may be used as the basis for allocating ...
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