Solution-What was the conversion cost component

What was the conversion cost component

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Reference no: EM133113923

Question - The Cutting Department is the first stage of X Corp production cycle. Conversion cost for this Dept is 80% complete to the beginning WIP and 50% complete as to ending WIP. Data are as follows:

	Units	Conversion cost
WIP, beginning	25,000	22,000
Units Started	135,000	143,000
Completed and transferred to next department	100,000

Required - Using FIFO method, what was the conversion cost component of the Transferred-out units to the next department?

Reference no: EM133113923

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What was the conversion cost component

Reference no: EM133113923

Reference no: EM133113923

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