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A department adds materials at beginning of the process and incurs conversion costs uniformly throughout the process. For July there as no beginning work in process, 40000 units were completed and transferred out, and there were 20,000 units in the end work in process that were 40% complete. During July $ material costs were $96,000 an conversion costs were $84,000. What was the unit production costs for materials and conversions for July?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9980719

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