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18. Sheffield Company has unit costs of $6 for direct materials and $16 for conversion costs. There are 4000 units in ending Work in Process

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Sheffield Company has unit costs of $6 for direct materials and $16 for conversion costs. There are 4000 units in ending Work in Process inventory that are 26% complete related to conversion costs, and fully complete as to direct materials cost. How much is the total cost assigned to the ending Work in Process inventory if the FIFO method is used? $24000 $16640 $88000 $40640

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