For the Mixing Department at Gretczko Company, unit material cost is $6 and unit conversion cost...
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For the Mixing Department at Gretczko Company, unit material cost is $6 and unit conversion cost is $9. Materials are added at the beginning of the process. If there are 55 units in ending work in process that are 75% complete with conversion costs, the costs assigned to ending inventory are: O a. $ 618.75 O b. $ 701.25 c. $825.00 O d. $ 371.25 For the Mixing Department at Gretczko Company, unit material cost is $6 and unit conversion cost is $9. Materials are added at the beginning of the process. If there are 55 units in ending work in process that are 75% complete with conversion costs, the costs assigned to ending inventory are: O a. $ 618.75 O b. $ 701.25 c. $825.00 O d. $ 371.25
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Solution The correct answer is 70125 Explanation The total number of units in ending ... View the full answer
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date:
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