53) Wanda’s Sweet Buns collected the following production information relating to October’s baking operations: Physical Units Direct Materials (% Complete) Conversion Costs (% Complete) Beginning work...

53) Wanda’s Sweet Buns collected the following production information relating to October’s baking operations:

Complete the first two steps in the process costing procedure:

1.
Summarize the flow of physical units.

2.
Compute output in terms of equivalent units.

(Hint: Your answer should look similar to Exhibit 5-5.)

54) Wanda’s Sweet Buns collected the following production information relating to November’s baking operations:

Complete the first two steps in the process costing procedure:

1.
Summarize the flow of physical units.

2.
Compute output in terms of equivalent units.

(Hint: Your answer should look similar to Exhibit 5-5.)