Acme Company uses process costing. During the current month, the first processing department's ending work in process inventory includes 21,600 units that are 100% complete with respect to direct materials and 60% complete with respect to conversion costs. If the cost per equivalent unit for the month is $3.65 for direct materials and $5.15 for conversion costs, what is the total cost of ending work in process inventory? $190,080 $114,048 O $123,336 $145,584

Acme Company uses process costing. During the current month, the first processing department's ending work in process inventory includes 21,600 units that are 100% complete with respect to direct materials and 60% complete with respect to conversion costs. If the cost per equivalent unit for the month is $3.65 for direct materials and $5.15 for conversion costs, what is the total cost of ending work in process inventory? $190,080 $114,048 O $123,336 $145,584

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 11EA: Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The...

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