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A company has 3 , 1 5 7 units in ending work in process that are 7 8 % complete after transferring out 1 1

A company has 3,157 units in ending work in process that are 78% complete after transferring out 11,107 units. All materials are added at the beginning of the process. If the cost per unit is $3 for materials and $8 for conversion, what is the cost of units in ending inventory using the weighted-average method? Round to the nearest penny, two decimals.

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