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Chief Troy Company manufactures chemical additives for industrial applications. As the new cost accountant for Chief Troy, you have been assigned the task of completing
Chief Troy Company manufactures chemical additives for industrial applications. As the new
cost accountant for Chief Troy, you have been assigned the task of completing the production
cost report for the most recent period. Chief Troy uses the weighted average cost method of
process costing. The following information pertains to the most recent period:
Required:
Prepare a complete production report for the period using the weighted average cost method.
Round the cost per equivalent unit to three decimal places; round the costs in the cost report to
the nearest dollar.
This needs to be done in excel, so please show all formulascalculations so I can understand and learn it Thank you!
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