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The following data for Direct Materials ( DM ) and Conversion ( CONV ) for the past month for a single department of a manufacturer
The following data for Direct Materials DM and Conversion CONV for the past month for a single department of a manufacturer are shown:
DM
Conversion
Costs in opening WIP:
$
$
Costs incurred this month:
$
$
Total equivalent units:
Units completed this month:
Required:
Calculate the cost of the goods completed and transferred out this period.
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