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total cost of units transferred out in may. The ledger of Cullumber Company has the following work in process inventory account Work in Process -Painting
total cost of units transferred out in may.
The ledger of Cullumber Company has the following work in process inventory account Work in Process -Painting 3,790 5/31 Completed and transferred out? 5/1 Balance 5/31 Direct materials 8,260 5/31 Direct labor 4.766 5/31 Manufacturing overhead 2,280 5/31 Balance Production records show that there were 600 units in the beginning inventory, 30% complete, 1,600 units started into production, and 1.600 units completed and transferred out the beginning work in process had materials cost of $2,740 and conversion costs of $1,050. The units in ending inventory were 40% complete as to conversion costs. Materials are entered at the beginning of the painting process, and conversion costs are incurred uniformly throughout the process, X Your answer is incorrect What is the total cost of units completed and transferred out in May? The total cost of units transferred out in May $ 14,080 Step by Step Solution
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