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In March, one of the processing departments at Iqbal Corporation had starting work in process inventory of Rs.16,000 and ending work in process inventory of
In March, one of the processing departments at Iqbal Corporation had starting work in process inventory of Rs.16,000 and ending work in process inventory of Rs. 27,000. During the month, the cost of units transferred out from the department was Rs. 160,000. In the department's cost reconciliation report for March. The total cost to be accounted for under the weighted-average method would be:
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