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The costs per equivalent unit of direct materials and conversion in the Filling Department of Rose Petal Lotion Company are $0.40 and $0.10, respectively. The equivalent units to be assigned costs are as follows: The beginning work in process inventory had a cost of $1,100. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar. Completed and transferred-out production: $ Inventory in process, ending:

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9989105

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