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Delaney Products uses process costing. The following information is available for the current year: Number of units in beginning work-in-process inventory3,000(25% complete)Units started in the
Delaney Products uses process costing. The following information is available for the current year:
Number of units in beginning work-in-process inventory3,000(25% complete)Units started in the current period50,000Number of units in ending work-in-process inventory10,000(20% complete)
If Delaney has already calculated their cost per equivalent unit to be $18 per unit, what would be the cost of the ending work-in-process inventory assuming they use the weighted-average method?
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