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A company using process costing completed and transferred 40,000 units of product to finished goods inventory. In addition to the transferred units, 15,000 additional units were in process 60% complete when the period ended. If total conversion costs to be allocated were $61,250, how much conversion cost would be assigned to the ending work in process inventory?

A.        $11,250

B.        $18,750

C.        $20,455

D.        $13,500

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92046715

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