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EZ Set produces a quick setting concrete powder. Production of 15,000 tons was started in September, 14,000 tons were completed. Material costs were $394,670 for the month while conversion costs were $201,730. There was no beginning work-in-process; the ending work-in-process was 20% complete.
Required:
(a) What is the total cost of the product that was completed and transferred to finished goods?
(b) What is the value of the ending work-in-process?
Miranda V. Arizona
A landmark Supreme Court decision in 1966 that established the requirement for police to inform suspects of their rights to silence and legal counsel during criminal interrogations.
Police Custody
The detainment of a person by the police, typically after an arrest, during which the individual is held before trial or release.
Counterculture Movement
A social movement that rejects and opposes mainstream cultural norms and values, notably prominent during the 1960s in the United States.
Rallying Cry
A phrase or slogan used to inspire and unify a group of people towards a common goal or in protest against a perceived injustice.
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