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41 Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred
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Medina Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is: 350 units Beginning inventory of goods in process (40% complete, $2,600) Ending inventory of goods in process (80% complete) Total units started during the year 550 units 4,700 units Multiple Choice 4,900 units. 4,500 units. 5,350 units. 4,700 units. 4,750 unitsStep by Step Solution
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