MegaRock produces quick setting concrete mix. Production of 200,490 tons was started in April, and 190,340 tons were completed. Material costs were $3,152,040 for the month while conversion costs were $796,860. There was no beginning work-in-process, and the ending work-in-process was 70% complete. What is the cost of the product that remains in work-in-process? Multiple Choice $631,400 3120 GEO

MegaRock produces quick setting concrete mix. Production of 200,490 tons was started in April, and 190,340 tons were completed. Material costs were $3,152,040 for the month while conversion costs were $796,860. There was no beginning work-in-process, and the ending work-in-process was 70% complete. What is the cost of the product that remains in work-in-process? Multiple Choice $631,400 3120 GEO

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Description: Please do not give solution in image format thanku MegaRock produces quick setting concrete mix. Production of 200,490 tons was started in April, and 190,340 tons were completed. Material costs were$3,152,040 for the month while conversion costs were

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 11EA: Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The...

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MegaRock produces quick setting concrete mix. Production of 200,980 tons was started in April, 190,680 tons were completed. Material costs were $3,152,080 for the month while conversion costs were $591,400. There was no beginning work-in-process; the ending work-in-process was 70% complete. What is the cost of the product that was completed and transferred to finished goods? Please don't provide answer in image format thank you
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