Question: Jones Corporation uses the weighted-average method in its process costing system. In their first processing department, Jones Corporation worked on 895 equivalent units of production
Jones Corporation uses the weighted-average method in its process costing system. In their first processing department,
Jones Corporation worked on 895 equivalent units of production with respect to conversion costs in June
Additional information for JONES Corporation for June is:
Beginning inventory:
230 units 40% complete
Started:
1.345 units
Completed and transferred out:
775 units
Q:JONES Corporation's percentage (%) of completion of the ending inventory in work-in-process with respect to conversion cost is?
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