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A Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below
A Corporation uses the weighted-average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January. ine accounting recoras indicate that the conversion cost that had veen assignea to veginning work in process inventory was $43,000 and a total of $830,600 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to
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