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Exercise 2 0 - 1 2 Weighted average: Completing a process cost summary C 3 The following partially completed process cost summary describes the July

Exercise 20-12
Weighted average:
Completing a process cost summary
C3
The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. Prepare its process cost summary using the weighted-average method.
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