Ivanhoe Company completes and transfers out 12,040 units and has 1,720 units of ending work in process that are

25%

complete as to conversion costs. Materials are entered at the beginning of the process, and there is no beginning work in process. Assuming unit materials costs of

$3

and unit conversion costs of

$5

, what are the costs to be assigned to units (a) completed and transferred out and (b) in ending work in process?\ Costs to be assigned\ (a) Completed and transferred out\ (b) Ending work in process

Ivanhoe Company completes and transfers out 12,040 units and has 1,720 units of ending work in process that are 25% complete as to conversion costs. Materials are entered at the beginning of the process, and there is no beginning work in process. Assuming unit materials costs of $3 and unit conversion costs of $5, what are the costs to be assigned to units (a) completed and transferred out and (b) in ending work in process? Ivanhoe Company completes and transfers out 12,040 units and has 1,720 units of ending work in process that are 25% complete as to conversion costs. Materials are entered at the beginning of the process, and there is no beginning work in process. Assuming unit materials costs of $3 and unit conversion costs of $5, what are the costs to be assigned to units (a) completed and transferred out and (b) in ending work in process