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If beginning work-in-process inventory is $120,000, ending work-in-process inventory is $160,000, cost of goods manufactured...

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Accounting

If beginning work-in-process inventory is $120,000, ending work-in-process inventory is $160,000, cost of goods manufactured is $400,000 and direct materials used are $100,000,

what are the conversion costs?

a. $300,000 b. $340,000 c. $280,000 d. $140,000

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