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CALCULATOR PRINTER VERSION 4BACK NEXT Question 22 Reyes Company transfers out 12,000 units and has 2,000 units of ending work in process that are 25%
CALCULATOR PRINTER VERSION 4BACK NEXT Question 22 Reyes Company transfers out 12,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are entered at the beginning of the process and there is no beginning work in process. Reyes uses the FIFO method to compute equivalent units. Assuming unit materials costs of $3 and unit conversion costs of $7, what are the costs to be assigned to units (a) transferred out and (b) in ending work in process? Costs to be assigned (a) Transferred out (6) Ending work in processs Click if you would like to Show Work for this question: Open Show Work
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