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1. In the cost reconciliation report under the weighted average method, all of the following equations are true, EXCEPT: A Cost of units transferred out

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1. In the cost reconciliation report under the weighted average method, all of the following equations are true, EXCEPT: A Cost of units transferred out + Ending inventory Less: Beginning inventory = Costs added B Cost of beginning inventory + costs added Less: Ending inventory = Cost of goods transferred out C Costs added, Less: Cost of units transferred out Plus: Beginning inventory - Ending inventory D Cost of beginning inventory + Costs added - Cost of units transferred out + Indirect Costs

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