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The following information is known about a company's process costing system for the latest period: Determine the cost of ending work-in-process and cost of goods
The following information is known about a company's process costing system for the latest period:
Determine the cost of ending work-in-process and cost of goods manufacture. The company uses weighted-average. Show all computations.
Stage of completion Materials Conversion cost 759 106 Reyning inventory 21,000 units Erling inventory. 20,000 units Lails are 60.000 mit Materials Costs Conversion costs S94,240 105.760) Begitung Inventory Current period costs S$2,500 129.500)Step by Step Solution
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