Solved: Honrad companys assembly department has materials cost at 4, Accounting Basics

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Honrad companys assembly department has materials cost at 4

Question - Honrad Company's Assembly Department has materials cost at $4 per unit and conversion cost at $8 per unit. There are 30,000 units in ending work in process, all of which are 70% complete as to conversion costs. Materials are added at the beginning of the process. How much are total costs to be assigned to inventory?

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Accounting Basics: Honrad companys assembly department has materials cost at 4

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Accounting Basics: Honrad companys assembly department has materials cost at 4

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