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MGT402 Cost & Management Accounting Assignment No 2 Complete Solution

See the attached file please

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According to FIFO 100% materials has been issued to 20,000 units and 40% work as  to Direct Labor and F.O.H was completed. and the remaining 60% works were required as to F.O.h and Direct labor to convert 20,000 units of work in process to finished goods. So there is an error in the attached solution.


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