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Cosby uses a weghted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incureed evenly throughout prouction. The comany finished 40,000 units during the period and had 15, 000 units in progress at year-end, the latter at the 40% stage of completion. Total matril costs amounted to$220,000; conversion costs were $414,000.The cost of the ending work in process?

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Accounting Basics, Accounting

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