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Answer: a) For the computation of total incurred cost, the respective costs in the two departments ought to be computed as carried out below. Unit bottle cost for the company = (Total production costs/Total production quantity) = (192000/160000) = $ 1.2 b) The journal entries for the various costs in the two departments can be recorded as highlighted below The specified variances have to be computed on the basis of information p...Read More
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