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In: Accounting

The Pro Company had no beginning inventory. Cost of production this month: Material $1,000 Conversion $2,600...

The Pro Company had no beginning inventory.

Cost of production this month:

Material $1,000

Conversion $2,600

Total $3,600

Completed units this month: 300

Partially completed units in the ending inventory: 100

Required:

What is the cost of the completed units?

What is the cost of the ending inventory?

Assume now that the units in the ending inventory are 60% complete.

Solutions

Expert Solution

ekkarill92 answered 2 days ago
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