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There were 1,800 units in ending work in process inventory that were 100% complete with regard to material and 20% complete with regard to
There were 1,800 units in ending work in process inventory that were 100% complete with regard to material and 20% complete with regard to conversion costs. Ending work in process inventory had a cost of $10,080 and a per-unit material cost of $4. Complete the table and find the conversion cost per equivalent unit using the weighted-average method. Costs to account for Total work in process Total costs to account for: materials Total costs to account for: conversion Equivalent units: conversion Cost per equivalent unit: conversion 10,080 7,200
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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
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