The following information relates to the Richard Renick Company for 2005:
Units completed in 2005 390,000
Work-in-process at December 31 72,000 20%
Cost of the beginning Work-in-process $14,280
Currents year production cost $248,580
Calculate the number of equivalent units of production.
Calculate the cost per equivalent unit of production.
Calculate the cost of the ending work-in-process inventory.
Calculate the cost of the completed units
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