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Every unit that passes through the production process must have been counted in which category of physical units at some point? O Units started Ending
Every unit that passes through the production process must have been counted in which category of physical units at some point? O Units started Ending units in inventory O Beginning units in inventory Units completed Under the weighted average method of process costing, the cost per equivalent unit is calculated for which of the following categories? O Direct materials and conversion costs O Completed units and ending units in process Manufactuing costs and nonmanufecturing cos Units sold and units in ending Finished Goods Inventory How is the ending balance in Work in Process Inventory calculated for a firm that uses the weighted average method of process costing? Subtract the cost of goods finished and the cost of goods sold from total manufacturing costs. Divide total manufacturing costs by total equivalent units. Multiply the costs per equivalent unit by the number of equivalent units associated with ending Work in Process Inventory. Add the costs of the jobs still in process at the end of the period. The manufacturing cost that is transferred from one production process to another (for example, from production to packaging) is called the: O transferred-in cost. O beginning Work in Process Inventory cost accumulated cost of good ending Work in Process Inventory cost s
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