Question: Please explain the solution to this general accounting problem using the correct accounting principles. A company reports that unit costs are: - Materials: $3.50 per

Please explain the solution to this general accounting problem using the correct accounting principles.

A company reports that unit costs are: - Materials: $3.50 per unit - Conversion costs: $6.00 per unit There are 5,000 units in ending work in process, which are 100% complete for materials and 60% complete for conversion. What is the total ending WIP cost

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