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Business, 05.05.2020 04:09 bella2017

A company uses the weighted-average method for inventory costing. At the end of the period, 16,000 units were in the ending Work in Process inventory and are 100% complete for materials and 71% complete for conversion. The equivalent costs per unit are materials, $2.61, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period.

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A company uses the weighted-average method for inventory costing. At the end of the period, 16,000 u...
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