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Prepared the unit reconciliation for the month of july

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Reference no: EM131568440

Problem -

Zeus Corporation produces cultured diamonds via a secretive process that grows the diamonds in a vacuum chamber filled with a carbon gas cloud.  The diamonds are produced in a single continuous process, and Zeus uses the weighted-average process costing method of accounting for production.

The production process requires constant utilization of facilities and equipment, as well as direct labor by skilled technicians.  As a result, direct labor and factory overhead are both deemed to be introduced uniformly throughout production.

Zeus Corporation prepared the following "unit reconciliation" for the month of July.

Attachment:- Assignment.rar

Reference no: EM131568440

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