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QUESTION 6 Sandlewood Manufacturing's Work in Process records for October indicate the following related to its conversion costs: Beginning inventory... Conversion costs added.. Completed units transferred out. 50,000 Ending inventory... 3,000 EUS 7,000 EUS @ $5.000 per EU $229,000 .... What is the value of conversion costs transferred out of ending Work in Process Inventory for the month of September using the weighted average method? (Round to the nearest $1.00.)

QUESTION 6 Sandlewood Manufacturing's Work in Process records for October indicate the following related to its conversion costs: Beginning inventory... Conversion costs added.. Completed units transferred out. 50,000 Ending inventory... 3,000 EUS 7,000 EUS @ $5.000 per EU $229,000 .... What is the value of conversion costs transferred out of ending Work in Process Inventory for the month of September using the weighted average method? (Round to the nearest $1.00.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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QUESTION 6 Sandlewood Manufacturing's Work in Process records for October indicate the following related to its conversion costs: Beginning inventory... Conversion costs added.. Completed units transferred out. 50,000 Ending inventory........ 3,000 EU **** 7,000 EUS @ $5.000 per EU $229,000 What is the value of conversion costs transferred out of ending Work in Process Inventory for the month of September using the weighted average method? (Round to the nearest $1.00.)
Transcribed Image Text:QUESTION 6 Sandlewood Manufacturing's Work in Process records for October indicate the following related to its conversion costs: Beginning inventory... Conversion costs added.. Completed units transferred out. 50,000 Ending inventory........ 3,000 EU **** 7,000 EUS @ $5.000 per EU $229,000 What is the value of conversion costs transferred out of ending Work in Process Inventory for the month of September using the weighted average method? (Round to the nearest $1.00.)
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