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Nature's Twitter is a manufacturer of bird seed. The company uses a process costing system to account for product costs in three sequential production
Nature's Twitter is a manufacturer of bird seed. The company uses a process costing system to account for product costs in three sequential production departments: Sorting, Inspecting, and Packaging. The Sorting department reported a total of 10,040 direct material equivalent units and a total of 8,120 conversion equivalent units on its January production cost report. In addition, the report showed that during January, 3,000 physical units were transferred to Inspecting from Sorting. The physical units that remained in the Sorting department's ending January inventory were 55% complete with respect to direct material costs. What was the Sorting department's ending inventory's stage of completion with respect to conversion costs? A. 70% B. 45% C. 40% D. 81% E. 76% Time Remaining: 00:54:03 Next
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