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Business, 18.05.2021 20:30 kamilagreyes9

Happy​ Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73​% complete for materials and 23​% complete for conversion costs. On October​ 31, its ending WorkminusinminusProcess Inventory was 80​% complete for materials and 43​% complete for conversion costs. This means that for the ending​ inventory, % of the materials and​ % of the conversion costs were added during October.

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