Swifty Company's Assembly Department has materials cost at $3 per unit and conversion cost at $9 per unit. There are 29100 units in ending work in process, all of which are 60% complete as to conversion costs. Materials are added at the beginning of the process. How much are total costs to be assigned to inventory? $87300. $157140. $244440. $349200.

Swifty Company's Assembly Department has materials cost at $3 per unit and conversion cost at $9 per unit. There are 29100 units in ending work in process, all of which are 60% complete as to conversion costs. Materials are added at the beginning of the process. How much are total costs to be assigned to inventory? $87300. $157140. $244440. $349200.

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Description: Swifty Company's Assembly Department has materials cost at $3 per unit and conversion cost at $9 per unit. There are 29100 units in ending work in process, all of which are 60% complete as to conversion costs. Materials are added at the beginning of

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 4EA: There were 1,700 units in beginning inventory that were 40% complete with regard to conversion....

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