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In March, Kelly Company had the following unit production costs: materials $12 and conversion costs $8. On March 1, it had no
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Units transferred Beginning WIP out Ending WIP 0 25000 4100 1 2 3 % complete 4. material Conversion cost 100% 100% 100% 39% c500000 ( 12+8) * 25000 18 19 Cost reconciliation 20 Cost accounted for 21 Transferred out 22 Work in process , March 31 Mater

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