Question

The costs per equivalent unit of direct materials and conversion in the Rolling Department of Keystone Steel Company are $ 60 and $ 10, respectively. The equivalent units to be assigned costs are as follows:


The beginning work in process inventory had a cost of $ 25,000. Determine the cost of completed and transferred-out production and the ending work in processinventory.


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  • CreatedJune 27, 2014
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