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I am studying for an exam. I already found the FIFO method answer and have the answer key for that one. I want to practice
I am studying for an exam. I already found the FIFO method answer and have the answer key for that one. I want to practice using the weighted average process costing method. I don't have key for that one. I wanted to see if y'all could help me find the weighted average process costing method, so I can check my work to make sure I did it right.
9) Vacumatic, Inc. uses the FIFO method in its process costing sy concern the operations of the company's first processing departm month. Work-in-process, beginning: Units in process UD 700) Percent complete with respect to materials 50% 10% $595 $2,093 14,000 14,600 | Percent complete with respect to conversion Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost Work-in-process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion $21,465 $440,618 V 100) 60% 60%Step by Step Solution
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