Question: > Moving to another question will save this response. Question 11 of 16 Question 11 10 points Save Ar The Leather Factory has two departments
> Moving to another question will save this response. Question 11 of 16 Question 11 10 points Save Ar The Leather Factory has two departments that process all of its production, the Tanning Department and the Finishing Department. Production begins in the Tanning Department, then the units are transferred to the Finishing Department. Conversion costs are added evenly throughout the process, no additional materials are added in the Finishing Department Beginning work-in-process in the finishing department was 60 percent complete as to conversions ending inventory was 30 percent complete. Additional information about the Finishing Department follows: Beginning work-in-process inventory 8,000 units Units transferred-in 32,000 units Ending work-in-process inventory 4,000 units Conversion costs $38,000 Transferred-in costs $100,000 Beginning work-in-process costs: Conversion $20,000 Transferred in $14,000 Required: Using the FIFO method determine the costs per unit of conversion cost and transferred in cost. Round costs per equivalent unit to the nearest cent. TT T Arial 371264T... Pathp Words: 0 MacBook Pro 5 7 8 9
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