Dorman Music Corporation manufactures guitars and uses a first-in, first-out process costing system. The following information relates to September production: The amount of conversion cost that should be assigned to the guitars in work in process on September 30 is closest to:

Question

Dorman Music Corporation manufactures guitars and uses a first-in, first-out process costing system. The following information relates to September production:  The amount of conversion cost that should be assigned to the guitars in work in process on September 30 is closest to:

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The Answer of Dorman Music Corporation manufactures guitars and uses a first-in, first-out process costing system. The following information relates to September production:  The amount of conversion cost that should be assigned to the guitars in work in process on September 30 is closest to:

Dorman Music Corporation Manufactures Guitars and Uses a First-In, First-Out