Question
Conversion cost per equivalent unit is $2 and material cost per equivalent unit is $4. The ending inventory has 10 units which are 50% complete
Conversion cost per equivalent unit is $2 and material cost per equivalent unit is $4. The ending inventory has 10 units which are 50% complete with regard to conversion and 60% complete with regard to materials. The cost of the ending inventory is:
1.$60
2.$34
3.$36
4.$30
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Financial Accounting A Critical Approach
Authors: John Friedlan
3rd Edition
0070967601, 978-0070967601
