Question
A firm's Mixing Department has materials costs of $3.85 per unit. The department has 68,000 units of ending work in process inventory, which are
A firm's Mixing Department has materials costs of $3.85 per unit. The department has 68,000 units of ending work in process inventory, which are 80% complete as to conversion costs and 100% complete as to materials costs. If the total cost of the department's ending inventory is $392,360, what is the department's conversion cost per unit? $2.40 $1.92 $3.20 $2.82
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
