Business
Business, 12.07.2019 12:10, newtonthenewt

The first costs assigned to ending inventory are the costs of the beginning inventory under the

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Business, 15.10.2019 18:20, lola5683
Comfort chair company manufacturers a standard recliner. during february, the firm's assembly department started production of 73,700 chairs. during the month, the firm completed 78,500 chairs, and transferred them to the finishing department. the firm ended the month with 11,200 chairs in ending inventory. there were 16,000 chairs in beginning inventory. all direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process. the fifo method of process costing is used by comfort. beginning work in process was 20% complete as to conversion costs, while ending work in process was 80% complete as to conversion costs. beginning inventory: direct materials $24,800 conversion costs $35,900 manufacturing costs added during the accounting period direct materials $168,200 conversion costs $278,400 what is the amount of direct materials cost assigned to ending work-in-process inventory at the end of february? (round intermediary calculations to the nearest cent.)
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Business, 17.10.2019 16:10, conceitedkayy1865
Acompany reports the following beginning inventory and two purchases for the month of january. on january 26, the company sells 440 units. ending inventory at january 31 totals 170 units. units unit cost beginning inventory on january 1 400 $ 3.90 purchase on january 9 90 4.10 purchase on january 25 120 4.20 required: assume the perpetual inventory system is used and then determine the costs assigned to ending inventory when costs are assigned based on the fifo method.
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