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In May, one of the processing departments at a company had beginning work in process inventory of $31,000 and ending work in process inventory of
In May, one of the processing departments at a company had beginning work in process inventory of $31,000 and ending work in process inventory of $36,000. During the month, the cost of units transferred out from the department was $166,000. In the department's cost reconciliation report for May, the total cost to be accounted for under the weighted- average method would be: Multiple Choice $67,000 O $137,000 $150,000 O $202,000
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