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The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2, 300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239, 800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350

The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2, 300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239, 800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2,300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 207,350 Ob. Finished Goods Inventory 239,800 Raw and In Process Inventory 239,800 ○ c. Raw and In Process Inventory 239,800 Finished Goods Inventory 239,800 Od. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
Transcribed Image Text:The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2,300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 207,350 Ob. Finished Goods Inventory 239,800 Raw and In Process Inventory 239,800 ○ c. Raw and In Process Inventory 239,800 Finished Goods Inventory 239,800 Od. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2, 300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239, 800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
Transcribed Image Text:The budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2, 300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239, 800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
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