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Question
The following data relates to the Density Company's first operating period. Calculate cost of ending inventory for each product.
| Overhead | ||||||
| Rate | ||||||
| Cost/Unit | Units | (Percent | ||||
| Direct | Direct | Ending | of Direct | |||
| Product | Materials | Labor | Produced | Inventory | Labor Cost) | |
| A | $10 | $12 | 215 | 115 | 60% | |
| B | 8 | 15 | 330 | 180 | 40% | |
| C | 14 | 10 | 250 | 200 | 80% | |
Answer
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