Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 4 - Process Costing - The Foundational 15 - Required - Page 162: 11

Answer

188,500

Work Step by Step

Cost of ending work in process inventory for conversion = Equivalent units of production for conversion * Cost per equivalent unit for conversion = 37,700 * 5 = 188,500
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