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Bachelet Incorporated uses the weighted - average method in its process costing system. The following data concern the operations of the company's first processing department
Bachelet Incorporated uses the weightedaverage method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.
Required:
Using the weightedaverage method:
a Determine the equivalent units of production for materials and conversion costs.
b Determine the cost per equivalent unit for materials and conversion costs.
c Determine the cost of units transferred out of the department during the month.
d Determine the cost of ending work in process inventory in the department.
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