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In October, the cost of materials transferred into the Rolling Department from the Casting Department of Jabari Steel Company is $533,200. The conversion cost for
In October, the cost of materials transferred into the Rolling Department from the Casting Department of Jabari Steel Company is $533,200. The conversion cost for the period in the Rolling Department is $109,400 ( $67,900 factory overhead applied and $41,500 direct labor). The total cost transferred to Finished Goods for the period was $550,000. The Rolling Department had a beginning inventory of $26,200
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