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Figure 6-7. Geller Manufacturing uses a process cost system to manufacture sensors for the security industry.The following information pertains to operations for the month of March. The beginning inventory was 70 percent complete for materials and 30 percent complete for conversion costs.The ending inventory was 90 percent complete for materials and 50 percent complete for conversion costs.
Costs pertaining to the month of March are as follows:
Beginning inventory costs are: materials,$44,400; conversion cost $30,500.
Costs incurred during March are: materials used,$588,000; conversion cost $624,000.
Refer to Figure 6-7.Using the weighted average method,the total cost of the units in the ending work-in-process inventory at March 31 is:
E-prescribing
The use of electronic systems to write and send prescriptions to pharmacies, eliminating the need for handwritten prescriptions.
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The quality of being recognized and accepted by all or most people, regardless of differences.
Patient Safety
The prevention of harm to patients during the course of healthcare delivery.
American Nurses Association
A professional organization that represents the interests of registered nurses in the United States, advocating for high standards of nursing practice.
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