Largo Company has unit costs of $10 for materials and $30 for conversion costs. If there are 2,500…
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Largo Company has unit costs of $10 for materials and $30 for conversion costs. If there are 2,500 units in ending work in process, 40% complete as to conversion costs, and fully complete as to materials cost, the total cost assignable to the ending work in process inventory is:
a. $45,000. c. $75,000.
b. $55,000. d. $100,000.