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ProcEss costing – Work-in-ProgrEss

Mmaas12y ago
Sir, Test Question 8 & 9, It says, "conversion costs are incurred evenly through the process.'' can we take units equally?? Please help,
John MoffatJohn MoffatTutor12y ago#1
All it means is that if (for example) a unit is only 40% finished, then it will have had 40% of the conversion costs. (Unlike materials where they units incur 100% of the cost as soon as they are started.)
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