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Assume there were 6,000 units in beginning work in process, 60% complete. 20,000 units were completed during the month. Ending work in process is 40% complete, which is equivalent to 3,200 units for conversion costs. Materials are added at the beginning of the process. The standard cost method is used.
Assume the total conversion costs for the month are $78,400. What amount of conversion costs are attached to units in ending work in process inventory?
Supervision
involves overseeing the work or tasks of others to ensure they are performed correctly, efficiently, and safely, often within a workplace.
Farm Tools
Implements and machinery designed for agricultural purposes to facilitate farm work.
Public Safety
The welfare and protection of the general public, typically assured by government services like police, fire departments, and emergency medical services.
Pacific Coastline
The western boundary of the United States and Canada facing the Pacific Ocean, known for its diverse ecosystems and scenic beauty.
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