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MegaRock produces quick setting concrete mix. Production of 206,860 tons was started in April, 194,760 tons were completed. Material costs were $3,251,680 for the month
MegaRock produces quick setting concrete mix. Production of 206,860 tons was started in April, 194,760 tons were completed. Material costs were $3,251,680 for the month while conversion costs were $593,800. There was no beginning work-in-process; the ending work-in-process was 70% complete. What is the material cost of the product that remains in work-in-process?
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