What are the costs to be assigned to units
Course:- Accounting Basics
Reference No.:- EM13512605

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Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are entered at the beginning of the process and there is no beginning work in process.

Assuming unit materials costs of $3 and unit conversion costs of $5, what are the costs to be assigned to units

(a) Transferred out and

(b) In ending work in process?

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