Production records show that there were 550 units in the beginning inventory, 30% complete, 1,530...
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Accounting
Production records show that there were 550 units in the beginning inventory, 30% complete, 1,530 units started, and 1,410 units transferred out. The beginning work in process had materials cost of $2,970 and conversion costs of $1,660. The units in ending inventory were 40% complete. .
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