Assignment of costs to transferred out units and ending

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Assignment of costs to transferred out units and ending work in process given beginning of process and period production costs.

The Blending Department of Hancock Company has the following cost and production data for the month of April.

Costs:

 

Work in process, April 1

 

Direct materials: 100% complete

$115,000

Conversion costs: 20% complete

80,500

Cost of work in process, April 1

$195,500

 

Reference no: EM13355845

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