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Simon Productions Company had a beginning work in process inventory totaling $6,800. During the current period, the company added materials costs of $16,100, labor cost
Simon Productions Company had a beginning work in process inventory totaling $6,800. During the current period, the company added materials costs of $16,100, labor cost of $15,000 and overhead of $19,000. Equivalent production was 13,900 units, and 10,500 units were completed and transferred to the finished goods inventory. Inventory costs would be determined using a unit cost (rounded to two decimal places) of
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