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find out these 1 Work in process inventory ...

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Question

Accounting

imagefind out these

1

Work in process inventory

21

Unit materials cost

3)

Unit conversion cost

4)

Total cost of units transferred out

5

The cost of work in process inventory
Current Attempt in Progress The ledger of Sheridan Company has the following work in process imventory account: Production records show that there were 380 units in the beginning inventory, 35% complete, 1,240 units started into production, and 1,240 units completed and transferred out. The beginning work in process inventory had materials costs of $2,130 and conversion costs of $1,500. The units in ending inventory were 40% complete as to conversion costs. Materials are entered at the beginning of the painting process, and conversion costs are incurred uniformly throughout the process

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