• The factory accountant reported the following information for the most recent period. Forty five thousand $(45,000)$ units were in opening work$–$in$-$process and were $20\%$ complete with respect to conversion costs, $375,000$ units entered production this year, and $60,000$ units were in ending work$-$in$-$process and were $30\%$ complete with respect to conversion costs. Conversion costs in opening work$-$in$-$process were $$14,000,$ while conversion costs added this period were $$742,000.$  What are the total conversion costs that will be allocated to ending work$-$in$-$process ?

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Answer Calculate Equivalent Units Opening WorkinProcess Opening WIP Multiply opening units by their ... View the full answer